CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Other
For Meeting of:
March 28, 2016
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 GOAA Resolution Amending $200,000,000 Tax-exempt and Taxable Series 2013 Notes

Summary:
On March 16, 2016 the Greater Orlando Aviation Authority (GOAA) adopted a resolution (GOAA Revolving Credit Resolution) which, among other things, approved an amendment to a revolving credit agreement relating to the $200,000,000 GOAA Series 2013 Revolving Credit Note and the $200,000,000 Taxable Series 2013 Revolving Credit Note (the "Series 2013 Notes").  GOAA has requested that City Council adopt the attached Resolution approving the amendments to the Series 2013 Revolving Credit Notes.

Fiscal & Efficiency Data: Not applicable

Recommended Action:
Adoption of the Resolution amending the Series 2013 Notes for the purposes described in the GOAA Revolving Credit Resolution, and authorization for  the Mayor and City Clerk to execute the Resolution, and any other documents related to the 2013 Notes, 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 3/16/2016 2:28 PM
City Clerk 3/16/2016 4:00 PM

ATTACHMENTS:
Name: Description: Type:
GOAA_Reso_Revolving_Line_of_Credit_$200M_Series_2013.pdf City Resolution Approving Amendments to GOAA 2013 Notes Backup Material
City_Reso_Approv_GOAA_line_of_credit_extension_2013_Notes.pdf City Reso Approv GOAA line of credit extension_2013 Notes Backup Material

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