HomeMy WebLinkAboutResolution 2000-35 Refunding Revenue Bonds
RESOLUTION NO. 2000-35
A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA
AUTHORIZING THE CITY MANAGER OR FINANCE DIRECTOR TO DEEM
FINAL THE PRELIMINARY OFFICIAL STATEMENT FOR THE CITY'S
WATER AND SEWER REFUNDING REVENUE BONDS, SERIES 2000; AND
PROVIDING AN EFFECTNE DATE.
WHEREAS, the City of Winter Springs, Florida (the "City') has the need to construct various
improvements to its water and sewer system and has been advised by its financial advisor as to the
benefits of refunding its Subordinate Water and Sewer Revenue Bonds, Series 1997; and
WHEREAS, the City is considering the issuance of its Water and Sewer Refunding Revenue
Bonds, Series 2000 (the "Bonds") to accomplish such purposes; and
WHEREAS, to further the issuance of the Bonds there is being prepared a Preliminary
Official Statement, the current form of which is attached hereto.
NOW, THEREFORE, BE IT RESOLVED, by the City Commission of the City of Winter
Springs, Florida as follows:
SECTION 1. The Issuer is hereby authorized to distribute a preliminary official
statement for the Bonds. Prior to such distribution, the Finance Director or City Manager is hereby
authorized to deem such preliminary official statement relating to the Bonds "final" within the
meaning of Rule 15c2-12 ofthe Securities and Exchange Commission except for certain "permitted
omissions" as defined therein.
SECTION 2. All prior resolutions of the Issuer inconsistent with the provisions of
this Resolution are hereby modified, supplemented and amended to conform with the provisions
herein contained and, except as so modified, supplemented and amended hereby, shall remain in full
force and effect.
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SECTION 3. EFFECTIVE DATE. This resolution shall take effect immediately
upon approval by the Issuer.
PASSED AND ADOPTED by the City Commission, at a duly called meeting at which a
quorum was present on September 25,2000.
(SEAL)
CITY OF WINTER SPRINGS, FLORIDA
Paul P. Partyka, Mayor
ATTEST:
City Clerk
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