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Resolution No. 4931
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2008 No. 4923-4959
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Resolution No. 4931
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Last modified
6/10/2010 4:50:33 PM
Creation date
2/26/2008 7:39:31 PM
Metadata
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Template:
City Recorder
CMO_Document_Type
Resolutions
Document_Date
2/25/2008
Document_Number
4931
CMO_Effective_Date
2/25/2008
Author
Mary H. Feldman
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<br />EXHIBIT A <br />FORM OF NOTICE OF REVENUE BOND AUTHORIZATION <br /> <br />NOTICE IS HEREBY GIVEN that the City Council of the City of Eugene, Oregon (the <br />"City") has adopted Resolution No. _* on February _*, 2008, authorizing the issuance of the <br />City's revenue bonds acting by and through the Eugene Water & Electric Board ("EWEB"). The <br />bonds will be issued in one or more series to provide funds for the financing of the acquisition, <br />design, construction, installation and equipping of certain capital improvements to the Roosevelt <br />Operations Center (collectively, the "Project"), to fund necessary reserves and to pay the costs of <br />Issuance. <br /> <br />The costs of the Project to be funded, together with bond issuance costs and debt service <br />reserves, are estimated not to exceed $85,500,000. In accordance with these estimates, the City <br />expects that the bonds will be issued in an aggregate principal amount of not to exceed <br />$85,500,000. <br /> <br />Subject to certain parameters, EWEB may establish all terms, conditions and covenants <br />regarding the bonds and the revenues which are necessary or desirable to effect the sale of the <br />bonds. <br /> <br />The bonds will not be general obligations of the City, nor a charge upon its tax revenues, <br />but will be payable solely from the revenues which EWEB pledges to the payment of the bonds. <br /> <br />If written petitions, signed by not less than 5 percent of the City's qualified electors, are <br />filed at the Office of the City Recorder on or before *, 2008 (the 61 st day after the <br />date of publication of this notice), the question of issuing $85,500,000 of the revenue bonds shall <br />be placed on the ballot at the next legally available election date. Any such petition shall be <br />subject to S46 of Chapter 783 Oregon Laws 2007 and Sections 2.970-2.992 of The Eugene Code, <br />1971. <br /> <br />The Office of the City Recorder is located at 777 Pearl Street, Room 105, Eugene, <br />Oregon 97401. Information on procedures for filing petitions may also be obtained at such <br />address or by telephone at (541) 682-5042. <br /> <br />The resolution authorizing the bonds is available for inspection at the Office of the City <br />Recorder. <br /> <br />The bonds will be issued and sold pursuant to S46 of Chapter 783 Oregon Laws 2007, <br />and this notice is published pursuant to S46( 4) of Chapter 783 Oregon Laws 2007. <br /> <br />* Information must be included prior to publication of the notice. <br /> <br />A-I <br /> <br />10842272.8 <br />
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