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ITEM 4
Industrial Development Authority Management Services
Date:
02/08/2022
To:
Industrial Development Authority
Thru:
Dawn Lang, Deputy City Manager | CFO
From:
Kristi Smith, Financial Services Assistant Director
Subject:
Discuss and possible adoption of Resolution 2022-01 amending and ratifying adoption of Resolution No. 2020-01, granting final approval of the issuance and sale of not exceeding $600,000,000 aggregate principal amount of Industrial Development Revenue Bonds (Intel Corporation Project) pursuant to a plan of finance, with the proceeds loaned to Intel Corporation for certain capital expenditures for sewage and solid waste disposal facilities at its manufacturing plants located in Chandler, Arizona.
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