County Commissioner Resolutions - April 2007� �t, �
RESOLUTION N0. Z � b?' �
RESOLUTION OF BOARD OF COi�4A4ISSI0\'ERS
OF GIBSON COtJ\'Tl'. INDIA�\TA
�4'HEREAS; the Gibson County Rederelopment Commission ("Commission") has
determined to issue tas increment refundin� revenue bonds in an ag�regate principal amount not
to esceed 5�0,000;000 ("Bonds") for the cost of refunding certain outstanding Taxable Tax
Increment Re��enue Bonds of 199S and Taxable Tax Increment Revenue Bonds of 2000
(collectivel�� "Outstanding Bonds") of the Commission; includin� incidental expenses incurred in
connection �� ith the refunding and costs associated with issuance of the Bonds; and
\4THERE.AS, the Board of Commissioners of Gibson County is required by IC 36-7-14-
2�.1(p) to appro��e the issuance of Bonds equal to or exceedine S3,000,000;
NO«'; THEREFORE, BE IT RESOL\'ED BY THE BOARD OF COMMISSIO\'ERS
OF GIBSON COLT�TTI'. II�TDIAi\TA. THAT:
Section 1. The Board of Commissioners hereby appro��es the issuance of the Bonds
of the Commission in an aggre�ate amount not to exceed 5�0,000,000 to apply on the cost of the
refunding of the Outstanding Bonds and the incidental costs associated therewith; induding the
issuance of the Bonds.
Section 2. This resolution shall be in full force and effect from and after its passage.
PASSED Ai\TD ADOPTED by the Boazd of Commissioners of Gibson County, Indiana;
this 3`a day of April; 2007.
BOARD OF COMMISSIONERS OF GIBSON
COLJ?�'TY, II�'DLSi\TA
I�T. S RRELL MARG i T, Preside
��� �-���
DON L. WHITEHEAD
��'��,� .����
R BERT D. TOVI'\iSEI�'D
ATTEST:
\4. 1' KEl'; � s ou t�� Auditor
L\LB\DpCS�3901 SU2ES�i.i 5061.DOC