The resolution approves a plan to finance certain public facilities projects and refund prior obligations through the issuance of revenue and refunding bonds by the Economic Development Authority of Albemarle County, Virginia. The plan involves issuing bonds to finance or reimburse the costs of the projects, refund outstanding bonds, and pay related costs. The County Board authorizes the County Executive to execute documents and take necessary actions to implement the plan.
Details
Subject
financing of public facilities projects and refunding of prior obligations
Summary
The resolution approves a plan to finance certain public facilities projects and refund prior obligations through the issuance of revenue and refunding bonds by the Economic Development Authority of Albemarle County, Virginia. The plan involves issuing bonds to finance or reimburse the costs of the projects, refund outstanding bonds, and pay related costs. The County Board authorizes the County Executive to execute documents and take necessary actions to implement the plan.
Adopting Body
Board of Supervisors of Albemarle County, Virginia