A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Supplementing Resolution No. 19-56 Adopted By The Board Of County Commissioners On December 11, 2018, Which Authorized The Issuance Of The Pasco County, Florida General Obligation Bonds (Jail Projects/Improvements) In One Or More Series In The Original Aggregate Principal Amount Of Not To Exceed $132,150,000; Authorizing Not To Exceed Of $107,933,563.20 Of General Obligation Bonds, Series 2021b (Jail Projects/Improvements); Fixing Certain Details Of Said Bonds; Approving The Forms Of The Summary Notice Of Sale And Official Notice Of Sale With Respect To Such Bonds; Delegating To The County Administrator Or Budget Director The Authority To Determine The Principal Amounts Of Such Bonds To Be Issued And The Bid Date With Respect To Such Bonds, To Award The Sale Thereof To The Lowest Conforming Bidder Based On Bids Submitted At Public Sale, And To Determine The Terms Of Such Sale; Approving The Form And Authorizing The Execution And Delivery Of A Disclosure Dissemination Agent Agreement; Appointing The Bond Registrar And Paying Agent; Approving The Form And Authorizing The Distribution Of A Preliminary Official Statement And Authorizing The Execution And Delivery Of An Official Statement Pertaining To The Bonds; Authorizing Certain Officials Of The County To Execute Any Document Or To Take Any Actions Required In Connection With The Issuance Of Said Bonds; Providing Certain Other Matters In Connection Therewith; Providing For The Severability Of Parts Hereof If Declared Invalid; And Providing For An Effective Date.

57:07Yeah.

57:17Good morning. Good morning, Bob. How are you? Good morning, Bob Gorig, Pasco County Budget Director. The item you have before you is a resolution authorizing staff to pursue the second tranche of the general obligation bond, which would fund the construction of the detention center expansion. And with your permission, I'll read the title into the record this time. A resolution of the Board of County Commissioners of Pasco County, Florida, supplementing. Resolution number 19-56 adopted by the Board of County Commissioners on December

57:4811, 2018, which authorized the issuance of the Pasco County, Florida General Obligation Bonds, jail improvements, and projects in one or more series in the original aggregate principal amount of not to exceed 132 million one hundred and fifty thousand, authorizing not to exceed of one hundred seven million. Nine hundred thirty-three thousand five hundred sixty three dollars and twenty cents. Of general obligation bonds series twenty twenty one B jail projects and improvements fixing

58:18certain details of sale of said bonds, approving the forms of the summary notice of sale and of official notice of sale with respect to such bonds, delegating to the county administrator or budget director the authority to determine the principal amounts of such bonds to be issued and the bid date with respect to such bonds to award and to award the same. Thereof to the lowest conforming bidder based on bids submitted at public sale, and to determine the terms of such sale, approving the form and authorizing the execution and delivery of a disclosure dissemination agent

58:48agreement, appointing the bond registrar and paying agent approving the form and authorizing the distribution of a preliminary official statement and authorizing the execution and delivery of an official statement pertaining to the bonds. Authorizing certain officials of the county to execute any document or to take any action required in connection with the issuance of said bonds, providing certain other matters in connection therewith, providing for the severability of parts hereof if declared invalid, and providing for an effective date. If there are no questions, I'd

59:19be happy to field any questions. If there are no questions, we recommend approval. We're approval. Second.

59:24And we motion is second. All those in favor by aye. Um roll call vote.

59:29District two, Commissioner Oakley. District three, Commissioner Starkey. Aye. District four, Commissioner Fitzpatrick.

59:37District five, Commissioner Mariano.

59:39Aye.

59:39District one, Chairman Oakley.

59:41Aye. Motion pass five zero.

59:42Mr. Chairman Mariano? Yes sir. Just ask the question wasn't related to this, but it's coming up. Are we gonna hear a presentation about what's gonna go on with the project as far as how we're working on the different facets that we're gonna be in it? I know I I met with consultants a few months ago, but

59:58I mean if if the board would like we can bring a presentation to the board on the design and and what we've worked out with the chef and how I plan on doing that. So I

1:00:07think the public would like to see it

1:00:08too. I'm hearing a lot of money. I'm hearing a yes. So probably

1:00:16Probably the July or August meeting.

1:00:19Okay. Very good. Thanks, Mom. Thank you.