CAA BONDS SERIES 2026

Board of County Commissioners · 2026-07-21 · resolution

This legislative item authorizes the issuance of Capital Asset Acquisition Special Obligation Bonds, Series 2026A, with a principal amount not to exceed $480,000,000.00. The funds will be used to finance certain capital assets and/or projects. The bonds will be payable from non-ad valorem revenues that the county covenants to budget and appropriate annually. The resolution authorizes a public sale of the bonds by competitive bids and delegates authority to the County Mayor or designee to finalize terms, accept bids, and select agents. It also includes provisions for continuing disclosure and waives certain resolution requirements.