HomeMy WebLinkAbout88-064
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RESOLUTION NO. 88-64
RATIFYING THE SALE OF $1, ~!75, 000 PRINCIPAL AMOUNT
OF FREDONIA-MOCCASIN UNIFIED SCHOOL DISTRICT NO. 6 OF
COCONINO AND MORAVE COUNTIES, ARIZONA,
SCHOOL IMPROVEMENT BONDS, PROJECT OF 1988
WHEREAS, pursuant to a request from the Governin9 Board
of Fredonia-Moccasin Unified School District No.6 of Coconino
and Mohave Counties, cl\r:izona (the "District"), the Board of
Supervisors has acted in conjunction with the Board of
Supervisors of Coconino County to order the sale of bonds of
the District in the aggregate principal amount of $l,275,OOO
as part of an issue authorized at an election held within the
District on May 17, 1988; and
WHEREAS, the Boa]~d of Supervisors of Coconino County have
accepted bids for the sale of the Bonds and have awarded the
Bonds to the best bidder therefore;
BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF MORAVE
COUNTY, ARIZONA, AS FOLLOWS:
This Board hereby ratifies all actions taken by the Board
of Supervisors of Coconino County, Arizona, awarding the sale
of the Bonds to the bl~st bidder therefore and as may be
necessary to effect the sale o:~ the Bonds, and appoints the
Coconino County Treasurer to act on behalf of this Board to
effect the execution, sale and delivery of the Bonds, all in
accordance with the form of resolution of the Boards of
Supervisors of Coconino County in substantially the form
attached hereto.
PASSED AND ADOPTED on August 3, 1988.
MORAVE (~~~~, BO,;g 0;" ~t;y ~ VISORS
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