File #: 20-1567    Version: 1
Type: Department Staff Report Status: Agenda Ready
File created: 5/13/2020 In control: Office of Management & Budget
On agenda: 5/19/2020 Final action: 5/19/2020
Title: Limited (Land Acquisition) G.O. Refunding Note, Series 2015 Consideration of Early Payoff
Indexes: Bond, Budget, Budget Amendment
Attachments: 1. Staff Report, 2. Redemption Notice, 3. Authorizing Resolution

Title

Limited (Land Acquisition) G.O. Refunding Note, Series 2015 Consideration of Early Payoff

Recommended Action

Staff recommends that the Board of County Commissioners authorize staff to redeem the remaining Limited (Land Acquisition) G.O. Refunding Note, Series 2015 in the principal amount of $7,268,000 on July 1, 2020, and process payments of $3,500 for financial service fees.  Staff further recommends that the Board authorize a budget amendment to allocate funding of approximately $1,239,225 for this transaction from General Fund Cash Forward.