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LEE COUNTY <br />n000co ao0 0 (1 0 p <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. IV.E. <br />_ Information <br />Meeting Date: May 7, 2012 XX Action Item <br />Consent Agenda <br />SUBJECT Approval of Resolution Approving Documents Related to the 2004 <br />Refinancing <br />DEPARTMENT Finance <br />CONTACT PERSON Lisa G. Minter, Assistant County Manager /Finance Director <br />REQUEST Approval of "Resolution Approving and Authorizing the Execution and <br />Delivery of an Amendment Number Two to the Installment Financing <br />Contract and Related Documents in Connection with the Refinancing of <br />Certain Installment Financing Obligations of the County' <br />SUMMARY On April 16, 2012, the Board of Commissioners approved the refunding of <br />a portion of the 2004 Certificates of Participation through PNC Bank. The <br />next step in the process is for the Board to review the attached documents <br />related to the refinancing and to approve the attached resolution approving <br />and authorizing the execution and delivery of the delivery of the <br />documents. <br />BUDGET IMPACT N/A <br />ATTACHMENT(Sl (1) — Resolution Approving the Execution and Delivery of an Amendment <br />Number Two to the Installment Financing Contract and Related <br />Documents in Connection with the Refinancing of Certain Installment <br />Financing Obligations of the County <br />(2) — Amendment Number Two to the Installment Financing Contract <br />(3) — Supplemental Indenture, Number 2 <br />(4) — Escrow Deposit Agreement <br />PUBLIC HEARING No - A public hearing was held on April 16, 2012 <br />PRIOR BOARD ACTION On April 16, 2012, the Board approved the County filing an application with <br />the LGC for the refunding and awarded the installment financing contract to <br />PNC Bank, <br />Approve the attached resolution as presented <br />