Legislation Details

File #: 24-4701    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/27/2024 In control: Board of Supervisors
On agenda: 12/2/2024 Final action: 12/2/2024
Title: RESOLUTION authorizing and directing the issuance of taxable tax increment limited obligation bonds, Series 2025, (Bridgewater Bay Project), of Harrison County Mississippi, in the principal amount not to exceed $350,000.00 of an authorized principal amount not to exceed $2,500,000.00 to raise money for the purpose of paying the cost of the infrastructure improvements (as herein defined) and the costs of issuance; authorizing and approving the forms of and the execution and delivery of a bond purchase agreement and certain other documents in connection with the bonds; authorizing proper officers to do all other things deemed necessary or advisable in connection with such bonds; and for related purposes. [DETAILED RESOLUTION FOLLOWS AS ATTACHMENT 1.]
Attachments: 1. 1- Resolution TIF Bond (Bridgewater Bay) 12-2-24, 2. Exhibit A - Harrison County MS TIF Bond (Bridgewater Bay Project) (2024) (251710) - Form of Assessment Certificate, 3. Exhibit B - Harrison County MS TIF Bond (Bridgewater Bay Project) (2024) (251710) - Bond Purchase Agreement

Title

RESOLUTION authorizing and directing the issuance of taxable tax increment limited obligation bonds, Series 2025, (Bridgewater Bay Project), of Harrison County Mississippi, in the principal amount not to exceed $350,000.00 of an authorized principal amount not to exceed $2,500,000.00 to raise money for the purpose of paying the cost of the infrastructure improvements (as herein defined) and the costs of issuance; authorizing and approving the forms of and the execution and delivery of a bond purchase agreement and certain other documents in connection with the bonds; authorizing proper officers to do all other things deemed necessary or advisable in connection with such bonds; and for related purposes.

 

                     [DETAILED RESOLUTION FOLLOWS AS ATTACHMENT 1.]