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LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT <br />Meeting Date: January 17, 2017 <br />ITEM NO. IV. A. <br />Information <br />XX Action Item <br />Consent Agenda <br />W")13 <br />SUBJECT: Resolution Providing for the Sale and Issuance of $23,000,000 <br />General Obligation Community College Bonds, Series 2017 <br />DEPARTMENT: <br />Finance <br />CONTACT PERSON: <br />Lisa G. Minter, Assistant County Manager/Finance Director <br />REQUEST: <br />Approval of Resolution Providing for the Sale and Issuance of <br />$23,000,000 General Obligation Community College Bonds, Series <br />2017 <br />SUMMARY: <br />On July 21, 2014, the Board of Commissioners approved orders <br />authorizing Community College Bonds in the following amounts: <br />$9,000,000 — Health Science <br />$5,000,000 — Veterinary Technology <br />$4,000,000 — Emergency Services <br />$5,000,000 — Civic Center <br />Those orders were approved by the vote of a majority of the qualified <br />voters who voted on the referendum on November 4, 2016. The <br />bonds are scheduled to be sold on February 7, 2017. Before the sale <br />the Board needs to approve the Resolution Providing for the Sale <br />and Issuance of $23,000,000 General Obligation Community College <br />Bonds, Series 2017 <br />BUDGET IMPACT: <br />N/A for FY 2016-17 <br />ATTACHMENT(S): Resolution Providing for the Sale and Issuance of $23,000,000 <br />General Obligation Community College Bonds, Series 2017 <br />PUBLIC HEARING: N/A <br />PRIOR BOARD ACTION: See above <br />RECOMMENDATION: Approve Resolution Providing for the Sale and Issuance of <br />$23,000,000 General Obligation Community College Bonds, Series <br />2017 <br />