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Ordinance No: 2025-005

An Ordinance Providing For An Installment Plan of Finance For Undertaking Or Completing Certain Downtown City Projects; Approving Columbia Facilities Corporation And Its Activities, Including The Issuance By the Corporation of Not Exceeding $54,000,000 Principal Amount Of Its Installment Purchase Revenue Bonds, In One or More Series, Tax-Exempt Or Taxable; Approving the Forms Of Or Authorizing The Execution And Delivery Of One Or More Amendments Or Supplements To The Base Lease And Conveyance Agreement And The Installment Purchase And Use Agreement Each Dated May 19, 2021, Between The Corporation And Regions Bank, As Trustee; Authorizing The Preparation Of A Bond Purchase Agreement, Official Statement And Other Documents With Respect To The Marketing And Sale of Such Bonds; Delegating Authority to the Mayor, The City Manager And The Assistant City Manager For Finance and Economic Services, Or Any Two Of Them Acting Together, To Approve And Determine Certain Matters; And Other Matters Relating Thereto.