Public Meeting Notice Location:
Goodyear City Hall
190 N. Litchfield Rd.

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File #: 2020-6878    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/13/2020 In control: City Council Regular Meeting
On agenda: 2/24/2020 Final action: 2/24/2020
Title: ORDERING THE SALE OF THE CITY OF GOODYEAR, ARIZONA, GENERAL OBLIGATION REFUNDING BONDS, SERIES 2020
Attachments: 1. Council Action Report, 2. Resolution, 3. Depository Trust Agreement, 4. Continuing Disclosure Certificate, 5. Registrar Contract, 6. Bond Purchase Agreement, 7. Preliminary Official Statement, 8. Presentation

Title

ORDERING THE SALE OF THE CITY OF GOODYEAR, ARIZONA, GENERAL OBLIGATION REFUNDING BONDS, SERIES 2020

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RECOMMENDATION:

ADOPT RESOLUTION NO. 2020-2032 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE CITY OF GOODYEAR, MARICOPA COUNTY, ARIZONA, AUTHORIZING THE ISSUANCE AND SALE OF CITY OF GOODYEAR, ARIZONA, GENERAL OBLIGATION REFUNDING BONDS, SERIES 2020; DELEGATING THE AUTHORITY TO APPROVE CERTAIN MATTERS WITH RESPECT TO THE BONDS AND THE BONDS BEING REFUNDED; PROVIDING FOR THE ANNUAL LEVY OF A TAX FOR THE PAYMENT OF THE BONDS; APPOINTING A REGISTRAR AND PAYING AGENT AND A DEPOSITORY TRUSTEE FOR THE BONDS; APPROVING THE FORM OF CERTAIN DOCUMENTS AND AUTHORIZING COMPLETION, EXECUTION AND DELIVERY THEREOF; DELEGATING THE AUTHORITY TO APPROVE AND DEEM FINAL A FORM OF OFFICIAL STATEMENT; RATIFYING ALL ACTIONS TAKEN AND TO BE TAKEN WITH RESPECT TO THE BONDS IN FURTHERANCE OF THIS RESOLUTION; AND AUTHORIZING ANY NECESSARY BUDGET TRANSFERS RELATED TO THE BONDS. (Jared Askelson, Finance Manager)