HomeMy Public PortalAbout13-1993-13 RESOLUTION NO. 1993-13
A RESOLUTION OF THE COMMON COUNCIL OF
THE CITY OF GREENCASTLE, INDIANA
DECLARATION OF OFFICIAL INTENT
TO REIMBURSE EXPENDITURES
WATERWORKS SYSTEM
WHEREAS, the City of Greencastle (the "City") intends to
acquire, lease, construct and rehabilitate its waterworks 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 $ o lf(r> eo0.00
of proceeds to reimburse costs of the Project; and
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 uptoof
$ 3 OG�, 000, o0
the costs of acquiring, constructing and fehabilitating 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 .
7// �
COMMON COUNCIL OF THE CITY OFGREEEN�STLE',\INDIANA
homas W. Roach Susan V. Mu ray
b-‘44-(Le--erD_ Co,A.1,-t. 4 )/ /7
ald D. Calbert Michael W. Rokicki
(V7 -,7/(-- Ci-
Charles T. Miles
A ved and signed by me this 8th day of June, 1993 at /_`e
o' cloc .m.
/I /I i4
ATT Michael M. Harmless, Mayor
J di h Berry, AMC, C rk-Treasurer
g a\re -13