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HomeMy WebLinkAbout1995-01-09 95-75 ORDERItev tb. 9 -75 cote 1-09-95 Itm/Sublect: �: leclaration of official Intact Pursuant m azeasuxy Re9ulat S6c. 1.150-2 SRF General Gbllgallon Aade, $1,5oo,000 F�le 0.}aetvenc: F� W m:t is repiml by federal *etw.,e.o, and imvely alit® Heat if tl» City e d aped my rod- fm�'prior m t rammed» of the b approval in Sme 1996 for fsfiumvs tymup lire SRF pmymt, tlat the City immds m mimh¢se itself f Hie bon] [aoraala. 99tia ONPi wee Pmpvmd by City Hind Cnm salr C tzpL E. 1 ipvl BoM Hank bas apps the City's application to bormr. It ie our infmrtion m idm a Dr1d9e loan. Uxadown furde av need a:d tten cvncvt Hie mount bortaxed m pew aro.n cords wlen He CSO PmJecls am asPletetl. At Hds Live vue am still dmwi^9 dnani fuMe fvvn a Prinr C9}SI¢' Sm:. UT�C� city rrs Intxamcai ex _ Fa66age First Raaiitvj Fefercal Fege —of 95-05 Amippedlo Co dor Frenkel January 9, 1995 :) CITY OF BANGOR (TITLE.) �CDCXa ....._ m�ln..r:.., of official pent Paan , m ate! Fag! tiol See. 1.h5O-2 SPF G Tal fbligation Border $lj%0,000 BY w C" Coaimi! Of ap wmayar. OEDEEED• THAT [aa+P5A5, the City of Hangar (the 'Issuer-) currently URsnrffi m laocced with the fcllowim project (the 'Project"); saner. . projects; all tamynS, the Issuer irusrsda to finance the coats of the project Unnuo tie fssusme of bvw and meas in anttcipatim thmeof; amel vaib. P.AS, certain of the cows of tm 2mject may be p hd by the Isauex prior to tm fs� of rot or bolls argil be ra:.a...aw fran tm luoosorffi tlwieof; all !@ffiPeAS, Treasury Pagulations sl.zo-2 xeuLnas trot an Issuer declare Its official intent to roiaduxse a:4 ar[lituxee with prc Ha of bovxawirgs prior m the date of expeMiture; F%14i• THEPEkCIliS• tm Issuer does mretrp declare its offlcial SnterR as foll c 1. nQ.l a...r+•., of Inf t. 11e Issuer mmrniably expects m xeNdxrzae original oy trrzea made m tm project with tm P:aceMs of rotes or b to m issued by the issuer fn the mrxinnnn Principal lmimt of $1.500,000. 2. Geneml w intim of pamect m Winh w�:.n..�e,r pelame. following is a ressoebly accurate geeral r, descaptim of the type all nee of tm property with respect m re�ts will m vab: sear slprratim projects. 3. Fmi Acwmtim. Ary ca gi:el expeMttures mala on the Project to m p+ ..ew with prex is of the issue idectffded in paragraph 1 hereof will be made fron the Issuer's Sewer lhud. 4. PuUic 'tv of Official Inea2. reds Oeclarat:m of official lntent shall as a public record of the Issuer. 5. ateneirzv Po.•1+l'^w. 'Aha hs a declaration of official i+R�t PueaiR m the raq : is of 1kau;ury Pap:lathm 51.150-2. 6. Authority for Declavtim. Thin declaration 5 arbptrrl porauant m the following action of the Issuer: O adopted by its City Council. IN CITY COUNCIL 95-75 _ January. 9, 1995 0 R D E R Pa Title, Declaration of Official Intent Pursuant to eRIL Treasury Regulation Sec. 1.150-3 SRV General obligation CITY 'Ponds,,$1,500,10B); .,.... ..................................... q�0 Assigned to X... �. C0u'e...ilm.an:.