CITY OF ORLANDO
COUNCIL AGENDA ITEM

Items Types:
Other 		For Meeting of:
October 19, 2015
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No
Subject:
Resolution Approving the Greater Orlando Aviation Authority's Plan of Finance and Issuance of $600,000,000 in Debt
Summary:

On June 24, 2015, the Greater Orlando Aviation Authority adopted a Resolution approving an overall plan of finance and issuance of not to exceed $600,000,000 in aggregate par amount of debt in one or more series, for purposes of Section 147(f) of the Internal Revenue Code of 1986, as amended, in order to finance various airport projects, including, but not limited to, terminal improvements (including baggage system replacement/modification, lighting improvements, and Automated People Mover (APM) system renovations), airfield improvements (including taxiway realignment and widening, taxiway J rehabilitation, runway 18R/36L rehabilitation, and Airside 1 and 3 improvements), ground transportation improvements (including North Terminal capacity improvements for rental cars, bus and taxi holding parking areas, cell phone lot, employee parking lot renovation and expansion, parking garage lighting, rehabilitation and improvements, and a new South Airport APM Complex), and other airport improvements including communication center upgrade and relocation, closed circuit television improvements, and hotel lobby and public area improvements.

GOAA has requested that City Council adopt the attached Resolution approving the GOAA Resolution. 
Fiscal & Efficiency Data: Not applicable. 
Recommended Action:
Adoption of the Resolution, and authorization for the Mayor and City Clerk to execute same, subject to review by the City Attorney's Office. 
Agenda Item attachment(s) on file in the City Clerks Office.
Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.
Contact: Wesley Powell
Approved By:

Department Date and Time
Budget Outside Routing Approval 10/7/2015 4:58 PM
City Clerk 10/8/2015 7:36 AM
ATTACHMENTS:
Name: Description: Type:
City_Resolution_-_GOAA_TEFRA_2015.pdf City Res.GOAA Plan of Finance_$6 mill. Debt Backup Material
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