My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2025-061
CBCC
>
Resolutions
>
2020's
>
2025
>
2025-061
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2025 12:21:41 PM
Creation date
10/13/2025 12:18:40 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
2025-061
Approved Date
10/07/2025
Agenda Item Number
14.C
Resolution Type
Authorizing the Sale of Recenue Bonds
Entity Name
Sandridge Golf Club
Subject
Authorizing Capital Revenue Bonds for the Sandridge Golf Club new clubhouse.
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
141
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
BLUE SKY <br />The County has not undertaken to register the Bonds under the securities laws of any state, <br />nor investigated the eligibility of any institution or person to purchase or participate in the <br />underwriting of the Bonds under any applicable legal investment, insurance, banking or other laws. <br />By submitting a bid for the Bonds, the successful bidder represents that the sale of the Bonds in <br />states other than Florida will be made only under exemptions from registration or, wherever <br />necessary, the successful bidder will register the Bonds in accordance with the securities laws of <br />the state in which the Bonds are offered or sold. The County agrees to cooperate with the <br />successful bidder, at the bidder's written request and expense, in registering the Bonds or obtaining <br />an exemption from registration in any state where such action is necessary; provided, however, <br />that the County shall not be required to consent to suit or to service of process in any jurisdiction. <br />CERTAIN DISCLOSURE OBLIGATIONS OF THE PURCHASER <br />Section 218.38(1)(b)(2), Florida Statutes, requires that the successful purchaser file a <br />statement with the County containing information with respect to any fee, bonus or gratuity paid, <br />in connection with the Bonds, by any underwriter or financial consultant to any person not <br />regularly employed or engaged by such underwriter or consultant. Receipt of such statement is a <br />condition precedent to the delivery of the Bonds to such successful bidder. <br />The winning bidder must (1) complete the Truth -in -Bonding Statement provided by Bond <br />Counsel (the form of which is attached hereto as Exhibit A) and (2) indicate whether such bidder <br />has paid any finder's fee to any person in connection with the sale of the Bonds in accordance with <br />Section 218.386, Florida Statutes. <br />ESTABLISHMENT OF ISSUE PRICE <br />The winning bidder shall assist the County in establishing the issue price of the Bonds and <br />shall execute and deliver to the County on or prior to the closing date for the Bonds an "issue price" <br />or similar certificate setting forth the reasonably expected initial offering prices to the public or <br />the actual sales price or prices of the Bonds, together with the supporting pricing wires or <br />equivalent communications, substantially in the applicable form attached hereto as Exhibit B, with <br />such modifications as may be appropriate or necessary, in the reasonable judgment of the winning <br />bidder, the County and Bond Counsel. All actions to be taken by the County under this Official <br />Notice of Sale to establish the issue price of the Bonds may be taken on behalf of the County by <br />the County's municipal advisor identified herein and any notice or report to be provided to the <br />County may be provided to the County's municipal advisor. <br />The County intends that the provisions of Treasury Regulation Section 1.148-1(f)(3)(i) <br />(defining "competitive sale" for purposes of establishing the issue price of the Bonds) will apply <br />to the initial sale of the Bonds ("competitive sale requirements") because: <br />(1) the County has disseminated this Official Notice of Sale to potential <br />underwriters in a manner that is reasonably designed to reach potential underwriters; <br />10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.