St. Charles Parish - File #: 2006-0358

• File #: 2006-0358
• Version: 1
• Name: Issue, sell and deliver Utility Revenue Bonds, Series 2006, of the Consolidated Waterworks and Wastewater District No. 1
• Type: Resolution
• Status: Approved
• File created: 11/6/2006
• In control: Parish Council
• Final action: 11/6/2006
• Enactment date: 11/6/2006
• Enactment #: 5382
• Title: A resolution making application to the Louisiana State Bond Commission for consent and authority to issue, sell and deliver not exceeding Thirty-Four Million Dollars ($34,000,000) of Utility Revenue Bonds, Series 2006, of the Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana, employing underwriters, bond counsel and provid­ing for other matters in connection therewith.
• Sponsors: Albert D. Laque, Bond Counsel
• Indexes: Taxes (Utilities Revenue Refunding Bonds $4,300,000)

Date	Ver.	Action By	Action	Result
11/7/2006	1	Parish President	Approved by the Par. Pres.
11/6/2006	1	Parish President	Introduced
11/6/2006	1	Parish Council	Approved	Pass

2006-0358
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(BOND COUNSEL)
RESOLUTION NO.
Title
A resolution making application to the Louisiana State Bond Commission for consent and authority to issue, sell and deliver not exceeding Thirty-Four Million Dollars ($34,000,000) of Utility Revenue Bonds, Series 2006, of the Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana, employing underwriters, bond counsel and provid­ing for other matters in connection therewith.
Body

BE IT RESOLVED by the St. Charles Parish Council (the Governing Authority), acting as the governing authority of Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana (the Issuer), that:
SECTION 1. Application is hereby made to the Louisiana State Bond Commission for consent and authority to issue, sell and deliver not exceeding Thirty-Four Million Dollars ($34,000,000) of Utilities Revenue Bonds, Series 2006 (the "Bonds") of the Issuer, for the purpose of (a) paying a portion of the cost of constructing and acquiring additions, extensions and improvements to the Issuer's combined waterworks plants and systems as a single revenue producing public utility (collectively, the Water System), (b) refunding and/or defeasing all or any portion of the Issuer's outstanding (i) Utility Revenue Refunding Bonds, Series 2003 and (ii) Utility Revenue Refunding Bonds, Series 1999, (c) funding a reserve for the Bonds and (d) paying the costs of issuance of the Bonds. The Bonds will be issued under the authority conferred by Section 1430 of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other applicable constitutional and statutory authority, pursuant to all requirements therein specified. The Bonds shall be secured by and payable in principal, interest and redemption premium, if any, solely from the income and revenues derived or to be derived from the operation of the Water System, after pr...