File #: R-04-16    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 1/14/2016 In control: City Council
On agenda: 3/14/2016 Final action: 3/14/2016
Title: Public Approval - For the purpose of providing public approval pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, in connection with the issuance and sale by the by the Public Finance Authority (the "Authority"), a commission created pursuant to Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, of its Public Finance Authority Revenue Bonds (St. John's College Project) Series 2016 in one or more series (the "Series 2016 Bonds"), in a principal amount not to exceed $30,000,000 with respect to St. John's College Annapolis Facilities.
Sponsors: Michael J. Pantelides
Indexes: Finance Committee, Rules and City Government Committee
Attachments: 1. R-4-16 StJohnsCollege Revenue Bonds.pdf, 2. R-4-16 Notice of Public Hearing StJohnsCollege.pdf, 3. R-4-16 Staff Report.pdf, 4. R-4-16 Fiscal Impact.pdf, 5. R-4-16 FAC Recommendation.pdf, 6. R-4-16 Signed.pdf
Title
Public Approval - For the purpose of providing public approval pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, in connection with the issuance and sale by the by the Public Finance Authority (the "Authority"), a commission created pursuant to Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, of its Public Finance Authority Revenue Bonds (St. John's College Project) Series 2016 in one or more series (the "Series 2016 Bonds"), in a principal amount not to exceed $30,000,000 with respect to St. John's College Annapolis Facilities.
Body

CITY COUNCIL OF THE
City of Annapolis

Resolution 4-16

Introduced by: Mayor Pantelides


Referred to
Finance Committee
Rules and City Government Committee


A RESOLUTION concerning


Public Approval Pursuant to Section 147(f) of the Internal Revenue Code of 1986


FOR the purpose of providing public approval pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, in connection with the issuance and sale by the by the Public Finance Authority (the "Authority"), a commission created pursuant to Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, of its Public Finance Authority Revenue Bonds (St. John's College Project) Series 2016 in one or more series (the "Series 2016 Bonds"), in a principal amount not to exceed $30,000,000 with respect to St. John's College Annapolis Facilities.


WHEREAS, the City of Annapolis has been requested to provide public approval pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, in connection with the issuance and sale by the by the Public Finance Authority (the "Authority"), a commission created pursuant to Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, of its Public Finance Authority Revenue Bonds (St. John's College Project) Series 2016 in one or more series (the "Series 2016 Bonds"), in a principal amount not to exceed $30,000,000, the proceeds of which will be loaned to S...

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