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A MOTION of the county council approving the final aggregate principal amount, interest payment dates, interest rates, maturity schedule and principal amounts per maturity, and redemption provisions of the county's Tax General Obligation (Public Transportation Sales Tax) Refunding Bonds, 2012, all in accordance with Ordinance 17363.
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WHEREAS, pursuant to Ordinance 17363 (the "Bond Ordinance"), the county authorized the issuance of county limited tax general obligation (public transportation sales tax) refunding bonds to provide all or part of the funds with which to pay the cost of refunding, defeasing, or refunding and defeasing, all or a portion of the outstanding limited tax general obligation (public transportation sales tax) bonds of the county listed in Exhibit A to the Bond Ordinance, and to pay all or part of the costs of issuing and selling such limited tax general obligation (public transportation sales tax) refunding bonds, and
WHEREAS, the Bond Ordinance provided that the limited tax general obligation (public transportation sales tax) refunding bonds might be issued in one or more series, any of which may be sold separately or in one or more combined series, either by negotiated sale or by competitive bid, as determined by the Finance Director in consultation with the county's financial advisor, and
WHEREAS, the Finance Director has determined that a series of the limited tax general obligation (public transportation sales tax) refunding bonds authorized pursuant to the Bond Ordinance, to be designated as the county's "Limited Tax General Obligation (Public Transportation Sales Tax) Refunding Bonds, 2012" (the "Bonds"), be sold by competitive bid to obtain all or part of the funds with which to pay the cost of refunding and defeasing the following bonds, which are among those listed in Exhibit A to the Bond Ordinance: the county's outstanding Limited Tax General Obligation (Public Transportation Sales Tax) Refunding Bonds, 2002, maturi...

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