HomeMy WebLinkAboutAgendas - Municipal Property Corporation Board - 2/21/1996 AGENDA
ORO VALLEY MUNICIPAL PROPERTY CORPORATION
MEETING
FEBRUARY 21, 1996
ORO VALLEY COUNCIL CHAMBERS
11,000 N. LA CANADA DRIVE
CALL TO ORDER - AT OR AFTER 2:30 P.M.
ROLL CALL
1. RESOLUTION NO. (j )MPC96-O3 - AUTHORIZING THE EXECUTION AND
DELIVERY OF A LEASE-PURCHASE AGREEMENT RELATIVE TO THE LEASE
OF ONE OR MORE DOMESTIC WATER SYSTEMS WITH AN OPTION TO
PURCHASE, A TRUST INDENTURE, AND A CONTINUING DISCLOSURE
AGREEMENT; AUTHORIZING THE PREPARATION AND APPROVAL OF
PRELIMINARY AND FINAL OFFICIAL STATEMENTS; APPROVING THE
ISSUANCE OF NOT TO EXCEED $29,000,000 TOWN OF ORO VALLEY
MUNICIPAL PROPERTY CORPORATION MUNICIPAL WATER SYSTEMS
ACQUISITION BONDS, SERIES 1996, SECURED BY RENTAL PAYMENTS
MADE PURSUANT TO A LEASE-PURCHASE AGREEMENT BETWEEN THE
TOWN OF ORO VALLEY, ARIZONA AND THE TOWN OF ORO VALLEY
MUNICIPAL PROPERTY CORPORATION, SAID LEASE-PURCHASE
AGREEMENT TO BE ASSIGNED TO A TRUSTEE; VERIFYING THE PURCHASE
PRICE; AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY
TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY
THIS RESOLUTION; AND DELEGATING CERTAIN DUTIES.
ADJOURNMENT
POSTED: 2/20196
2:15 p.m.
JR