Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Debt Finance topic
No spam. Unsubscribe anytime.
Caribou County approves Resolution 1201 to pursue general obligation refunding bond
Summary
Zion's Bank presented Resolution 1201 to authorize a general obligation refunding bond series 2012; commissioners approved the resolution unanimously and scheduled special telephone meetings to complete the process.
Cameron Arial and Nick Miller of Zion's Bank presented Resolution 1201, authorizing Caribou County to proceed with a general obligation refunding bond series 2012 and take related actions necessary to complete the sale.
The board voted to approve the resolution after a motion by Commissioner Earl Somsen and a second from Commissioner Phil Christensen; the vote was recorded as Rasmussen yes, Christensen yes and Somsen yes. The county scheduled special telephone meetings for Jan. 13, 2012 at 1:00 p.m. and Jan. 19, 2012 at 11:00 a.m. to complete the refunding process.
The presentation did not include the bond size or final terms in the minutes; county staff and bond counsel will complete the financing steps at the follow-up meetings. The resolution authorizes county staff to pursue the related actions needed to issue the refunding bonds and was approved by unanimous vote.
