Minutes 09/12/2006 - Laserfiche WebLink

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September 12. 2006 13. Reimbursement. The City has made and expects to make out of temporary funds certain expenditures in connection with the projects financed by the Bonds for which the City reasonably expects to be reimbursed as permitted by Treasury Regulation Section 1.150-2 issued pursuant to the Code, from the proceeds of the Bonds. The maximum principal amount of the Bonds is expected to be the respective maximum amount set forth in paragraph 1. 14. Filinq of Resolution. The appropriate officers or agents of the City are hereby authorized and directed to cause a certified copy of this Resolution to be filed with the Circuit Court of the City of Portsmouth, Virginia. 15. Further Actions. The City Manager, Chief Financial Officer, and such other officers, employees and agents of the City as either of them may designate are hereby authorized to take such action as the City Manager or Chief Financial Officer may consider necessary or desirable in connection with the issuance and sale of the Bonds and any such action previously taken is hereby ratified and confirmed. 16. Election to Proceed Under Public Finance Act of 1991. The City Council hereby elects to issue the Bonds under the provisions of the Public Finance Act of 1991, Chapter 26 of Title 15.2 of the Virginia Code, without regard to the requirements, restrictions or other provisions contained in the Code of the City. 17. Effective Date. This Resolution shall take effect on the date of its adoption." Ayes: Heretick, Moody, Randall, D. Smith, R. Smith, Holley Nays: None - New Business - 06 - 422 - Boards and Commissions Vice Mayor Randall offered the following nominations: BEHAVIORAL HEAL THCARE SERVICES ADVISORY BOARD Tammy Loney to fill an unexpired term ending June 30,2007, replacing Brenda Hales. Kimberlee Mack to be appointed for a three year term ending June 30, 2009, replacing Lorraine Riddick. HISTORY COMMISSION Margaret Gupta to be appointed for a three year term ending June 30, 2009, replacing Billie Cook. Gloria Peed to fill an unexpired term ending June 30, 2008, replacing Tom Lambert. MAYOR'S COMMISSION ON AGING Bridget Freeman to be appointed for a three year term ending June 30, 2009, replacing Beverly Bobo. Mel Milton to fill an unexpired term ending June 30, 2008, replacing Cecelia Dawe-Gillis. MAYOR'S COMMITTEE FOR PERSONS WITH DISABILITIES Ina Kreps to be appointed for a three year term ending June 30, 2009.