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Pasco Countymeeting record

OMB-22-0024

Published agenda

Heard once, at the Board of County Commissioners on May 17, 2022.

OutcomeApproved by the Board of County Commissioners on May 17, 2022
Approved Staff’s recommendation including the approval of Budget Amendment 1976.

Official title

Authorizing The Issuance Of Not To Exceed $16,400,000.00 Pasco County, Florida Half-Cent Sales Tax Revenue Bond, Series 2022B To Refinance A Portion Of The County’s Outstanding Half-Cent Sales Tax Revenue Bond And To Pay Associated Transactional Costs; Providing For Covenants With Respect To The Bondholder; Providing That Such Bond Shall Be A Limited Obligation Of The County Payable Solely From And Secured By A Lien Upon And A Pledge Of The Pledged Funds; Providing Certain Other Matters In Connection Therewith; And Providing For An Effective Date.

Every appearance1 of 1 are in a recording

TranscriptWhat was said at each appearance is below it. Machine transcription, with speaker names inferred from voice matching. 100% of 5 lines carry a name. It shows what was said, not what was decided, and both the words and the names can be wrong.

  1. 1
    Board of County CommissionersR62Regular businessApproved
    Approved minutes

    Approved Staff’s recommendation including the approval of Budget Amendment 1976.

    Open this item →
    1m
    Bob

    R sixty two likewise is similar to R sixty one. It's a refunding of a half cent sales tax uh revenue bond. Uh the current interest rate is five percent, the refunded rate is two point six nine percent for a savings of one point one million dollars between now and thirty twenty thirty-four. I'd just like to add to the Recommended board action. It was our intention to include approval of budget amendment 1976 onto this, but that was excluded, so I

    would like you to consider that action when you consider the the full board action.

    Kathryn StarkeyChair

    Is that your motion?

    Bob

    Move for approval again.

    Kathryn StarkeyChair

    And that's your second. Okay. All in favor? Aye. Thank you.