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Council approves Section 147(f) resolution for 29 Acres, Inc.
Summary
The council unanimously approved a resolution under Internal Revenue Code Section 147(f) related to obligations issued for 29 Acres, Inc.; there was no discussion recorded during the meeting.
The Cross Roads Town Council approved a resolution on May 13 for purposes of Section 147(f) of the Internal Revenue Code concerning obligations issued for 29 Acres, Inc. The motion was made by Councilmember Zuczek, seconded by Councilmember Paus, and passed unanimously.
No discussion or additional details were recorded in the minutes about the nature of the obligations, financing amount, or associated contracts. The resolution was approved as presented on the agenda.
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