Agenda Item # 13.b.
City Commission Regular Meeting
- Meeting Date:
- 11/21/2016
- Re
- 16-R52
- Submitted For:
- Linda Cox
SUBJECT:
Resolution 16-R52 Accepting the proposal of Capital One Public Funding, LLC to purchase the City's Capital Improvement Revenue Notes and authorizing the execution and delivery of a Loan Agreement.
SUMMARY:
Funds will be used to repay the FPUA loan, acquire the land for public parking, and to purchase radios and related equipment for use by the City's emergency services employees.
RECOMMENDATION:
Approve Resolution 16-R52
ALTERNATIVES:
Seek other financing options.
RESPONSIBLE STAFF:
Johnna Morris, Finance Director
COORDINATED WITH:
Michael D. Williams, Akerman, LLP
Nicholas Mimms, City Manager
Nicholas Mimms, City Manager
Fiscal Impact
OTHER INFORMATION:
Mr. Mimms will provide.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| City Manager | Nick Mimms | 11/16/2016 04:44 PM |
- Form Started By:
- Linda Cox
- Started On:
- 11/15/2016 10:54 AM
- Final Approval Date:
- 11/16/2016