Resolution 17-35

This Resolution takes one of the statutory steps necessary to approve the issuance of bonds by the City of Bloomington Park District under Indiana Code § 36-10-4-35 in order to refund the outstanding City of Bloomington, Indiana Park District Bonds of 2009 which were used to purchase and improve what is now the Twin Lakes Recreation Center at 1700 West Blomfield Road. The refunding bonds will effect a savings for the Park District and pay for the costs of issuance. Under State Law, this refunding must be approved by the Council.