26.
Commissioners Court - Regular Session
- Meeting Date:
- 05/09/2017
- Title:
- Resolution for Education Revenue Bonds Series 2017 for Orenda Education
- Submitted For:
- Julie Kiley
- Submitted By:
- Julie Kiley, County Auditor
- Department:
- County Auditor
- Agenda Category:
- Regular Agenda Items
Information
Agenda Item
Discuss, consider and take any appropriate action regarding a Resolution approving Newark higher Education Finance Corporation Education Revenue bonds, Series 2017 (Orenda Education) for the benefit of Orenda Education in compliance with Section 147(f) of the Internal Revenue Code (Note: The bonds are not a liability of Williamson Count).
Background
The bonds will be issued for Orenda Education for the purpose of constructing and equiping education related facilities. A list is included in the attached resolution. Section 147(f) of the Internal Revenue Code requires that the governmental unit in which the facility is located approve the bonds. Documentation is attached showing that they have met the requirement of a public hearing following reasonable public notice. They are not a liability of the County and a representative for Orenda Education will be in Commissioners Court to answer questions.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|
Attachments
- Resolution for Orenda Bonds Series 2017
- Public Hearing Orenda Bonds Series 2017
- Certificate for Resolution
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Wendy Coco | 05/02/2017 09:22 AM |
- Form Started By:
- Julie Kiley
- Started On:
- 04/28/2017 12:52 PM
- Final Approval Date:
- 05/02/2017