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Pasco Countymeeting record

PIFBA-22-0214

Published agenda

Heard once, at the Board of County Commissioners on Apr 5, 2022.

OutcomeApproved by the Board of County Commissioners on Apr 5, 2022
Approved to sign the letter of support for BayCare Health’s appropriation request to Congress.

Official title

Resolution to Establish Intent to Reimburse Certain Capital Expenditures in Connection with Additions, Extensions and Improvements to the Combined Water and Sewer System of the County with Proceeds of Future Tax-Exempt Financings and Providing Certain other Matters in Connection Therewith – No Funding Required

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 7 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 CommissionersR48Regular businessApproved
    Approved minutes

    Approved to sign the letter of support for BayCare Health’s appropriation request to Congress.

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    1m
    Mike Carballa

    Good morning, Mike Carbala, Assistant County Administrator for Public Infrastructure. Item R 48 is a resolution to establish intent to reimburse certain capital expenditures in connection with additions, extensions, and improvements to the combined water and sewer system of the county with proceeds of future tax-exempt financings and providing certain other matters in connection therewith. There is no funding required for this. Essentially, it allows the flexibility for the county to be reimbursed for soft costs such as land acquisition. and engineering in advance of issuance

    of $150 million estimated of debt, which we anticipate we'll need in about 18 months or so. It does not obligate the board to actually go in on the debt, but simply stating the intent gives us the flexibility to have costs incurred now in advance of that debt reimbursed with those debt proceeds so it's not coming out of our compliance.

    Kathryn StarkeyChair

    Sounds very good. Any questions? Take a motion.

    Mike Carballa

    So move. Second.

    Kathryn StarkeyChair

    All in favor? Aye. Opposed? And then lastly 49.

    County Administrator

    Forty nine.

    That's forty nine so ordinance this afternoon.