HomeMy Public PortalAbout12-1993-12 •
RESOLUTION NO. 1993-12
• A RESOLUTION OF THE COMMON COUNCIL OF
THE CITY OF GREENCASTLE, INDIANA
DECLARATION OF OFFICIAL INTENT
TO REIMBURSE EXPENDITURES
SEWAGE WORKS SYSTEM
WHEREAS, the . City of Greencastle (the "City")
intends to
acquire, lease, construct and rehabilitate its sewage works system
(the "Project") ; and
WHEREAS, the City reasonably expects to reimburse certain
costs of the Project with proceeds of debt to be incurred by or on
behalf of the City; and
WHEREAS, the City, acting on its own behalf, expects to issue
debt for the Project and to use up to $ Ii Zi o 00 00
of proceeds to reimburse costs of the Prdjec; and
r
WHEREAS, the City intends that this Declaration of Official •
Intent to Reimburse Expenditures constitute a • declaration of
official intent pursuant to Treas . Reg. §1 . 103-18 (1992) ;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE
CITY OF GREENCASTLE, INDIANA, THAT:
The City hereby declares its official intent pursuant to
,'"" Treas . Reg. §1 . 103-18 (1992) to acquire, construct and rehabilitate
the Project and to reimburse upvo
acquiring, to $ �/ Z. lg o00. of
the costs of ac
q g, constructing and rehabilitating the Project
with proceeds of debt to be incurred by the City for purposes of
paying or reimbursing costs of the Project; and to issue debt.
PASSED AND RESOLVED by the Common Council of the City of
Greencastle at its regular meeting this 8th day of June, 1993 .
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
(-2\1-
Thomas W. Roach Susan V. Mu ray
•
Jerald D. Ca
lbert Michael W. Rokicki
/1.44.6_4
Charles T. Mil s
Approved and signed by me this 8th day of June, 1993 at/Out 0
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o' clock' ..m.
'1VST:
Michael M. Harmless, Mayor
ApJ • ith Berry, IAMC, �ilerk-Treasurer
g so-12