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County Counsel recommending that the Board adopt the Resolution 020-2009 declaring its intention to reimburse itself from the proceeds of one or more tax-exempt financings for certain expenditures made and/or to be made in connection with the acquisition, construction and equipping of certain capital improvements.
RECOMMENDED ACTION: Approve.
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Fiscal Impact/Change to Net County Cost: This action may allow for the reimbursement from bond proceeds of expenditures made on Missouri Flat Road improvements.
Action to be taken following Board approval: Staff will analyze the appropriate timing for issuance of the bonds.
Contact: Louis B. Green