Meeting of the State Property and Buildings Commission

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FRANKFORT, KY – March 10, 2010 – (RealEstateRama) — The State Property and Buildings Commission (SPBC) will hold a meeting on Monday, March 15, 2010 at 2 p.m. in Room 182 of the Capitol Annex, Frankfort, Ky.

 AGENDA

1.      Call to Order
A.    Quorum
B.    Notification of Press

2.       Approval of Minutes from February 15, 2010 meeting

3.      State Property and Buildings Commission (SPBC) Taxable Agency Fund Revenue Bonds,   Project No. 97

A Resolution of the State Property and Buildings Commission of the Commonwealth of Kentucky authorizing and ratifying actions of the Commission staff in the structuring, staffing, planning and preparation of all documentation for the issuance of certain revenue bonds of the Commission; authorizing the issuance of revenue bonds for the purpose of financing a project; setting forth the terms and conditions upon which said revenue bonds are to be issued and providing for a negotiated sale thereof; authorizing and ratifying the action of the staff in preparing and publishing a preliminary official statement for the bonds; reciting, acknowledging and approving the filing of an application by the Finance and Administration Cabinet of the Commonwealth of Kentucky for revenue bonds to finance a project pursuant to Section 56.450 of the Kentucky Revised Statutes; authorizing the lease of the project to such Cabinet and the Department of Military Affairs to provide revenues for the amortization of the bonds; defining and providing for the rights of the owners of the bonds and providing for the application of the proceeds thereof.

4.      Kentucky Economic Development Finance Authority (KEDFA)

A Resolution of the State Property and Buildings Commission of the Commonwealth of Kentucky approving the issuance of Kentucky Economic Development Finance Authority Industrial Building Revenue Note, Series 2010 in the principal amount of $28,000,000. (Goodwill Industries of Kentucky Inc. Project)

5.      New Business

6.      Adjournment

Contact:
Cindy Lanham
(502) 564-4240

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