R11-081
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1 RESOLUTION NO. Rll- D8'
2
3 A RESOLUTION OF THE CITY COMMISSION OF THE
4 CITY OF BOYNTON BEACH, FLORIDA AMENDING
5 CERTAIN PROVISIONS OF RESOLUTION R10-161
6 RELATED TO THE CITY OF BOYNTON BEACH,
7 FLORIDA REVENUE BONDS (CHARTER SCHOOLS OF
8 BOYNTON BEACH) SERIES 2011; AND PROVIDING AN
9 EFFECTIVE DATE.
10
11 WHEREAS, the City Commission of the City of Boynton Beach, Florida on December 7,
12 2010, adopted ~esolution RIO-I61 (the "Initial Resolution");
13 WHEREAS, the Commission desires to amend the Initial Resolution;
14 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
15 CITY OF BOYNTON BEACH, FLORIDA, THAT:
16 Section 'I. That the foregoing "WHEREAS" clause is true and correct and hereby
17 ratified and confirmed by the City Commission.
18 Section 2. Section 5(a) of the Initial Resolution is amended by adding the following
19 sentence: "The Bonds may be sold with an original issue discount or at premiums as the Company
20 and Underwriters may determine."
21 Section 3. The reference to "December 1, 2040" in Section 5(b) of the Initial
22 Resolution is amended to refer to "December 1, 2041."
23 Section 4. The reference to "July 29,2011" in Section 5(g) of the Initial Resolution is
24 amended to refer to "December 6, 2011."
25 Section 5. All references in the Initial Resolution to "TO Bank, N.A." are amended to
26 refer to "Regions Bank."
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27 Section 6. This Resolution shall take effect immediately upon its adoption.
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1 PASSED AND ADOPTED this 2nd day of August, 2011,
CITY OF BOYNTON BEACH, FLORIDA
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~2EVENHO~~~~P
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COMMISSIONER - MARLENE Ross
ATTEST:
f CITY CLERK
2 (CORPORATE SEAL)
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