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01/10/2000 Resolutions 2000-14 I I I RES 0 L UTI 0 N 2000-14 BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: 1. The Governing Body hereby finds and determines that it is necessary and appropriate to declare an official intent to issue tax-exempt bonds by the Municipality and in addition the Municipality's reasonable expectations to reimburse certain expenditures with the proceeds of such bonds as proposed to be issued by the Municipality. 2. This resolution shall stand as a statement of the official intent of the Municipality under Regulation Section 1.150-2 and for such purpose the following information is hereby given: (A) 199912000 Street Improvement projects. (B) The maximum principal amount of debt expected to be issued by the municipality for such project is $1,000,000. Adopted by the City Council ofthe City of Grand Island, Nebraska on January 10, 2000. Ci~~~ Approved as to Form 0 C~ January 7, 2000 0 City Attorney