ANNE ARUNDEL COUNTY
4655
obligations issued pursuant to this Resolution; authorizing the
County Executive of the County, or the Director of
Administration, Deputy Director of Administration, Budget Officer
or Controller of the County with the approval of the County
Executive of the County, to specify, prescribe, determine,
provide for or approve certain details, forms, documents or
procedures in connection with the bonds or other obligations
issued hereunder and the loan of the proceeds of such bonds or
other obligations to the Borrower and any other matters necessary
or desirable in connection with the authorization, issuance, sale
and payment of such revenue bonds or other obligations;
authorizing the County Executive, or the Director of
Administration, Deputy Director of Administration, Budget Officer
or Controller of the County with the approval of the County
Executive, to take certain actions, to execute documents and make
certain commitments on behalf of the County in connection with
the issuance, sale and delivery of such bonds or other
obligations; authorizing the execution and delivery of the bonds
or other obligations and such other documents as may be necessary
or desirable to effectuate the aforementioned borrowing and the
issuance, sale and delivery of the bonds or such other
obligations; providing that approval of this Resolution by the
County Executive shall constitute the agreement of the County
Executive to report to the County Council on certain matters
pertaining to the bonds or other obligations; and generally
providing for, and determining, various matters in connection
with the issuance, sale, delivery and payment of such bonds or
other obligations.
Approved November 22, 1985.
Resolution No. 102-85
A RESOLUTION for the purpose of authorizing, providing for,
and approving certain changes and modifications to the
transaction authorized by Resolution No. 159-83, adopted by the
County Council of Anne Arundel County, Maryland on December 19,
1983 and approved by the County Executive of Anne Arundel County,
Maryland on December 20, 1983, which authorized, among other
things, the issuance by Anne Arundel County, Maryland (the
"County") of its Anne Arundel County, Maryland Industrial
Development Revenue Bonds (New Ridge Limited Partnership
Project), 1983 Series (the "Bonds"), in the aggregate principal
amount of $1,500,000, the proceeds of which were to be loaned to
New Ridge Limited Partnership, a Maryland limited partnership, to
finance, among other things, (i) the acquisition by the Borrower
of a certain facility consisting generally of the acquisition of
approximately 5.7 acres of land, the construction of three one
story buildings containing approximately 28,000 square feet,
24,000 square feet and 20,000 square feet, respectively, and
other necessary and desirable equipment, roads, site improvements
and other related facilities located on New Ridge Road
|
|