Title
A RESOLUTION CONTINUING THE APPROVAL OF FINANCING DOCUMENTS BY THE CITY OF FOLEY, ALABAMA AND THE CITY OF FOLEYS PUBLIC FACILITIES COOPERATIVE DISTRICT
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A RESOLUTION CONTINUING THE APPROVAL OF FINANCING DOCUMENTS BY THE CITY OF FOLEY, ALABAMA AND THE CITY OF FOLEYS PUBLIC FACILITIES COOPERATIVE DISTRICT
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BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF FOLEY, ALABAMA, (the "City") as follows:
Section 1. Pursuant to Amendment No. 772 to the Constitution of Alabama of 1901, as amended ("Amendment No. 772"), the City has caused the Notice attached hereto as Exhibit A (the "Notice") to be published on February 14, 2014 in The Foley Onlooker with respect to certain actions proposed to be taken, and certain agreements proposed to be made and delivered, by the City, to provide for the financing of a portion of the costs of the Project and the economic development of the City thereby.
Section 2. The Notice published on February 14, 2014 set the date for the public meeting in relation to these proposed actions on March 3, 2014.
Section 3. The Public Meeting noticed in the February 14, 2014 edition of The Foley Onlooker for March 3, 2014, continued to March 17, 2014, and continued to April 7, 2014, is hereby continued to April 21, 2014.
Section 4. This resolution shall take effect immediately.