St. Charles Parish - File #: 2012-0059

• File #: 2012-0059
• Version: 2
• Name: Issuance and sale of $12,500,000 of General Obligation Refunding Bonds, Series 2012
• Type: Ordinance
• Status: Enacted
• File created: 2/13/2012
• In control: Parish Council
• Final action: 2/27/2012
• Enactment date: 2/27/2012
• Enactment #: 12-2-4
• Title: An ordinance providing for the issuance and sale of Twelve Million Five Hundred Thousand Dollars ($12,500,000) of General Obligation Refunding Bonds, Series 2012, of the Parish of St. Charles, State of Louisiana; prescribing the form, fixing the details and providing for the rights of the owners there­of; providing for the payment of the principal of and interest on such bonds and the applica­tion of the proceeds thereof to the refunding of certain bonds of said Parish; and providing for other matters in connection therewith.
• Sponsors: V.J. St. Pierre Jr., Bond Counsel
• Indexes: SPW (Regional Wastewater Treatment Plants, EB and WB - $12,500,000 LDEQ Loan)

Date	Ver.	Action By	Action	Result
2/28/2012	2	Parish President	Approved by the Par. Pres.
2/27/2012	1	Parish Council	Public Hearing Requirements Satisfied
2/27/2012	1	Parish Council	Amended	Pass
2/27/2012	2	Parish Council	Approved as Amended 1	Pass
2/13/2012	1	Parish President	Introduced
2/13/2012	1	Parish Council	Publish/Scheduled for Public Hearing

2012-0059
INTRODUCED BY: V. J. ST. PIERRE, JR., PARISH PRESIDENT
(BOND COUNSEL)
ORDINANCE NO.
Title
An ordinance providing for the issuance and sale of Twelve Million Five Hundred Thousand Dollars ($12,500,000) of General Obligation Refunding Bonds, Series 2012, of the Parish of St. Charles, State of Louisiana; prescribing the form, fixing the details and providing for the rights of the owners there­of; providing for the payment of the principal of and interest on such bonds and the applica­tion of the proceeds thereof to the refunding of certain bonds of said Parish; and providing for other matters in connection therewith.
Body

WHEREAS, pursuant to the provisions of Chapter 4, Subtitle II of Title 30 and Sub-Part A, Part III, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended, Article VI, Section 33 of the Constitution of the State of Louisiana of 1974 and other constitutional and statutory authority, the Parish of St. Charles, State of Louisiana (the "Issuer"), acting through its governing authority, the Parish Council of the Parish of St. Charles, State of Louisiana (the "Governing Authority"), has heretofore issued (i) General Obligation Bonds, Series 1997 (the "Series 1997 Bonds") and (ii) General Obligation Bonds, Series 1998 (the "Series 1998 Bonds") (collectively, the "Prior Bonds"); and

WHEREAS, the Issuer is authorized to borrow money and issue general obligation bonds payable from ad valorem taxes to refund its outstanding general obligation bonds, pursuant to Chapter 14-A of Title 39 of the Louisiana Revised Statutes of 1950, as amended (the "Act"), and other constitutional and statutory authority; and

WHEREAS, the Issuer has found and determined that the refunding of the outstanding (ii) Series 1997 Bonds, consis­ting of $4,525,000 of Series 1997 Bonds which mature March 1, 2015 to March 1, 2018, inclusive and (ii) Series 1998 Bonds, consisting of $7,875,000 of Series 1998 Bonds which mature March 1, 20...