HomeMy Public PortalAbout11 - 2019-11 - INS. OF PARK DISTRICT BONDS 4
RESOLUTION NO. 2019-11
A RESOLUTION OF THE CITY OF GREENCASTLE, INDIANA
APPROVING ISSUANCE OF PARK DISTRICT BONDS
WHEREAS, the Board of Park Commissioners ("Board") of the City of Greencastle,
Indiana ("City") has determined to issue bonds in an amount not to exceed $1,800,000 to provide
funds to be applied on the cost of certain park improvements as set forth in Exhibit A attached
hereto and incorporated herein by reference, together with all necessary appurtenances, related
improvements and equipment and the incidental expenses in connection therewith, including
capitalized interest, if necessary, and the issuance of bonds (collectively, "Projects"); and
WHEREAS, the Board is required by IC 36-10-4-35 to seek the approval of the Common
Council of the City ("Common Council") for the issuance of bonds of the District;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE
CITY OF GREENCASTLE, INDIANA, THAT:
Section 1. The Common Council hereby approves the issuance of bonds of the
District in an amount not to exceed $1,800,000 to apply on the cost of one or more of the
Projects.
Section 2. This resolution shall be in full force and effect from and after its passage
and execution by the Mayor.
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Adopted this 10th day of October, 2019.
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
A 4en :cie Langdon
t II
teph e„ . Fields Tyler J. Wade
`tel
N. Hammer Gary D. Lemo
7
•av• Murray
ATTEST:
/
L da R. Dunbar, Clerk-Treasurer
Presented by me to the Mayor of the City of Greencastle, Indiana, this 10th day of
October, 2019 at $ :0.bpm.
- if0
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/ da R. Dunbar, Clerk-Treasurer
Signed and approved by me, the Mayor of the City of Greencastle, Indiana, on this 10th
day of October, 2019. /
Ai`
Willia A. Dory, Jr., Mayor`s
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EXHIBIT A
Descri tion of Pr 'ects
The Projects consist of the following:
Projects at the Greencastle Aquatic Center
1. Bathhouse renovation.
Refurbishment of existing facility.
Expansion to include new family changing rooms.
Expansion to include new entry area.
2. Installation of new two flume water slide.
Includes removal of existing water slide.
Estimate includes cost of shipping and installation.
3. Installation of new drop type water slide in divin well.
Estimate includes cost of shipping and inst llation.
4. Installation of children's water play structure.
Estimate includes cost of shipping and inst llation.
Projects within Robe Ann Park
1. Repair sidewalks and miscellaneous ADA improvements.
2. Road improvements and construction of road link.
Includes construction of 80 feet of new road.
Includes curb installation and road resurfacing.
3. Develop event space near Shelter 1.
Includes reconstruction and/or realignment of existing road for parking and
use of area for special events.
4. Expand/Reconfigure pool/tennis court parking.
Includes expansion of the parking lot and landscaping.
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