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Agenda Item # 13.b.
City Commission Regular Meeting - 4:30 pm
Meeting Date:
07/19/2021
Re
Proposed Resolution Issuing Bond
Submitted For:
Nick Mimms

SUBJECT:

Resolution 21-R37 authorizing the issuance of Fort Pierce Redevelopment Agency Redevelopment Revenue Refunding Bonds, Series 2021, in the aggregate principal amount not to exceed $26,000,000, and authorizing the Mayor to execute all necessary documents.

SUMMARY:

Resolution approving the refinancing of FPRA bonds in order to save the City revenue.

RECOMMENDATION:

Approve proposed Resolution 21-R37

ALTERNATIVES:

Staff will proceed as directed by the City Commission

RESPONSIBLE STAFF:

Johnna S. Morris, Director of Finance

COORDINATED WITH:

Peter Sweeney, City Attorney
Linda Cox, City Clerk

Fiscal Impact

OTHER INFORMATION:

The Director of Finance will explain the fiscal impact.

Attachments

Form Review

Inbox Reviewed By Date
City Manager Jennifer Robinson 07/12/2021 03:40 PM
Finance Department Johnna Morris 07/14/2021 09:56 AM
City Manager Nick Mimms 07/14/2021 02:24 PM
Form Started By:
Jennifer Robinson
Started On:
07/12/2021 03:33 PM
Final Approval Date:
07/14/2021