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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: April 1, 2014
TO: Honorable Chairman and Members of the Board
FROM: Rick Owen
SUBJECT: Public Hearing - Issuance of Utilities System Revenuel Bonds
DEPARTMENT: County Administrator
BCC DISTRICT:
STATEMENT OF ISSUE: Auburn Water District requests Board assistance in obtaining
industrial bonds for Auburn Water Systems.
BACKGROUND: Mr. Jason Grubbs from the Frazier Lanier Company presented a proposal to
the Board at the February 18, 2014 BCC meeting for assistance in obtaining utility system
revenue bonds for Auburn Water System. Along with approval of an inducement resolution, the
Board gave direction to advertise a public hearing.
A resolution approving the issuance of Utilities System Revenue Bonds is attached.
OPTIONS: Approve/Disapprove the resolution.
RECOMMENDATIONS: Staff recommends approval of the resolution.
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator