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File #: 22-1157    Version: 1 Name:
Type: Report Status: Passed
File created: 9/1/2023 In control: Mayor and Board of Aldermen
On agenda: 9/5/2023 Final action: 9/5/2023
Title: Order to adopt a Resolution of the Mayor and Board of Aldermen of the City of Pearl, Mississippi, authorizing and directing the issuance of General Obligation Public Improvement Bonds, Series 2023, of the City of Pearl, Mississippi, in the maximum principal amount of $8,000,000, in one or more federally taxable or tax-exempt series, to provide funds for the authorized purposes as described herein; prescribing the form and incidents of the bonds; providing for the levy of taxes for the payment of the bonds; providing for the sale of the bonds; making provision for maintaining the tax-exempt status of the bonds; approving and authorizing the distribution of a preliminary official statement; authorizing the execution and distribution of an official statement pertaining to the bonds; acknowledging and authorizing the execution of post issuance compliance procedures; authorizing a municipal bond insurance policy and a municipal bond rating; and for related purposes.

Order to adopt a Resolution of the Mayor and Board of Aldermen of the City of Pearl, Mississippi, authorizing and directing the issuance of General Obligation Public Improvement Bonds, Series 2023, of the City of Pearl, Mississippi, in the maximum principal amount of $8,000,000, in one or more federally taxable or tax-exempt series, to provide funds for the authorized purposes as described herein; prescribing the form and incidents of the bonds; providing for the levy of taxes for the payment of the bonds; providing for the sale of the bonds; making provision for maintaining the tax-exempt status of the bonds; approving and authorizing the distribution of a preliminary official statement; authorizing the execution and distribution of an official statement pertaining to the bonds; acknowledging and authorizing the execution of post issuance compliance procedures; authorizing a municipal bond insurance policy and a municipal bond rating; and for related purposes.