Authorizing The Issuance Of Not-To-Exceed $41,000,000.00 Pasco County, Florida Half-Cent Sales Tax Revenue Bond, Series 2022C To Finance The Expansion of the County’s Detention Center 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.
What the county recorded
Staff recommendation
Approve
DispositionApproved
Approved to accept the letter of resignation from Mr. Dan Biles, County Administrator.
The source document
The county’s agenda for Board of County Commissioners, May 17, 2022
The published PDF, as served by the county. This item is one entry in it.
The county’s minutes for Board of County Commissioners, May 17, 2022
The published PDF, as served by the county. This item is one entry in it.
This case, across meetings
OMB-22-0027 in full →Heard once. OMB-22-0027 appears on no other agenda in the archive.
- May 17, 2022BoardR63▶Approvedthis item
What was said
Machine transcription of 1m of recording, with speaker names inferred from voice matching. 100% of 15 lines carry a name. It shows what was said, not what was decided, and both the words and the names can be wrong.
Okay. And finally. R sixty three is a half cent sales tax loan. This is new money of forty one million dollars uh borrowed to Overcome the high inflation, this money will be used to finish the uh ex uh the expansion of the detention center. With that I'd like to move for approval. So move.
Second.
With discussion?
Discussion.
Um Dan, as we talked about like CARES money to help with the jail too, are we looking at the possibility of using that money as well? Uh not not opioid settlement money, I'm sorry.
Haven't looked at that yet because I still you know, working its way through the system. But between, you know, the original general obligation bond, the money we set aside from the revenue replacement under R ARP and this It it covers what we think we need at this point for the jail expansion. Uh I again This market's pretty crazy. The sooner we get this thing started the better.
Okay, are we done? You
get him called the call it.
Oh yeah. All in favor? Aye. Aye. Opposed? Okay. Thank you. Thank you.
Madam Chair, just as he's walking away, great job to you and your
team in
the Bog Council because you just saved the taxpayers close to one point nine million dollars.
Thanks for saving us money. We're gonna spend it right away.
On
the jail expansion.