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FC Case # <br /> <br />AUTHORIZATION OF THE ISSUANCE AND AWARDING THE SALE OF <br />$760,000 GENERAL OBLIGATION EQUIPMENT CERTIFICATES OF 2005 <br /> <br /> By: Diana Lund, Finance Officer <br /> <br />Earlier tonight, December 13, 2005, Council authorized as part of the 2006 levy and <br />budget, that capital equipment would be funded partially through the issuance of capital <br />equipment certificates. The amount of the certificates to be issued is $760,000. <br /> <br />The terms and conditions of the Capital Equipment Certificates of Indebtedness are <br />attached. A resolution needs to be adopted by Council confirming the sale. <br /> <br />Recommendation: <br /> <br />Staff recommends that Council adopt Resolution #05-12-XXX authorizing the issuance <br />and awarding the sale of $760,000 General Obligation Equipment Certificates of 2005. <br /> <br />Council Action: <br /> <br />Adopt Resolution #05-12-XXX authorizing the issuance and awarding the sale of <br />$760,000 General Obligation Equipment Certificates of 2005. <br /> <br />FC: 12/13/05 <br /> <br /> <br />