Approving the Issuance of City of Bloomington, Indiana Park District Bonds, Series 2018C in an Amount Not to Exceed Two Million Nine Hundred Sixty-Five Thousand Dollars to Finance the Costs of Capital Improvements at Certain Park Facilities and Costs Incurred in Connection with the Issuance of Such Bonds
This resolution takes one of statutory steps necessary to approve the issuance of bonds by the City of Bloomington Parks District under Indiana Code § 36-10-4-35 and § 6-1.1-17-20.5 in order to finance certain capital improvements at facilities operated by the City of Bloomington Parks Department including the design, acquisition and construction of (i) entryway beautification, tree planting, landscaping and related improvements at the entryways to the City, (ii) the replacement of trees along City roadways, (iii) alley enhancements and rebuilding, and (iv) all related and incidental expenses incurred in connection therewith, and the costs of selling and issuing the 2018C Bonds (the “Project”).