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AGENDA ITEM REVIEW FORM
3.A.
Industrial Development Authority
Meeting Date:
06/19/2019
Department Head:
Janet Taylor
Submitted By:
Janet Taylor, Legal Secretary, Attorney's Office

ITEM:

Discussion and possible action on any and all matters regarding the of adoption of Order 2019-1, an Order of the Board of Directors of The Industrial Development Authority of the City of San Luis, Arizona Approving a Construction Loan Agreement and the Issuance of One or More Tax-Exempt and Taxable Issuer Loan Obligations in Connection with the Acquisition, Design, Construction and Equipping of Regional Center for Border Health, Inc.'s New Healthcare Facility. (Glenn J. Gimbut, Assistant City Attorney)

SUMMARY:

The purpose of this order is for the Industrial Development Authority's Board of Directors to approve the exact amount of the bonds, now that the dollar amount is known.  At the time of the writing of this Agenda Item, the Order language had not been reviewed by all the entities involved.  The Order will be presented at the time of the meeting.

RECOMMENDATION / SUGGESTED MOTION:

I MOVE TO APPROVE AND ADOPT ORDER NO. 2019-1.