REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
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Public hearing in connection with the proposed issuance by The Industrial Development Authority of the County of La Paz, Arizona of one or more series of its Charter School Lease Revenue Bonds Series 2021, pursuant to a plan of finance in order to finance costs for a Project within Fulton County, Georgia, in aggregate principal amount not to exceed $17,000,000.00. (CONDUCTED)
PUBLIC HEARING CONDUCTED
NO SPEAKERS
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REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
Pursuant to Section 147(f) of the Internal Revenue Code, a public hearing required regarding the possible issuance of bonds in order to finance costs for a project within Fulton County, Georgia.
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
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COMMISSION DISTRICTS AFFECTED
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District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?
IS THIS A PURCHASING ITEM? NO
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SUMMARY & BACKGROUND (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
A hearing is being held for the purposes of meeting the requirements of Section 147(f) of the Internal Revenue Code, regarding the possible issuance by The Industrial Development Authority of the County of La Paz (the "Authority") of one or more series of its Charter School Lease Revenue Bonds (Campus Partners 1 Project) Series 2021 pursuant to a plan of finance in order to finance costs for a Project within Fulton County, Georgia, in an aggregate principal amount of not to exceed $17,000,000. Proceeds in the maximum amount of $17,000,000 from the sale of the Bonds will be loaned by the Authority to Campus Partners 1 and its affiliates, all single member limited liability companies and disregarded entities of Campus Partners 1 t...
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