City Council Minutes 1992 09 15 - Laserfiche WebLink

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of pocket expenses that will be incurred by the City in the transaction. I think you're asking what the lawyers and the underwriters are going to make. The net present value benefit is $280,000.00 today. The total costs that we have built into the numbers is $124,795.00. That would pay for the underwriters and all of the legal expenses, the printing of the official statement, escrow agent fees, and that sort of thing. Susan Griffiths, City Attorney. Griffiths: For clarification, legal expenses are those of the Bond Council. Briggs: Yes. Griffiths: Briggs: There are some blanks in the ordinance on first reading, and I'm assuming that the aggregate principle amount of the bonds, are we filling those in on second reading? On second reading. These numbers move around, as I stated. If we had been able to complete the transaction on Monday, the principal amount would have been $5,170,000.00, then I could have filled that blank. Sisk moved that Council place Ordinance No. 1084, Series 1992 out for publication and set a public hearing and have a special Council meeting on September 29, 1992. Seconded by Mayer. Roll call was taken. Motion passed by a 6-0 vote. RESOLUTION NO. 58, SERIES 1992 - NEODATA - FINAL PUD DEVELOPMENT AND FINAL SUBDIVISION PLAT John Franklin, Community Development Director, stated that this is for the Neodata Services, Inc. project located within Homart's Centennial Valley Business Park on the Centennial Parkway loop road, generally west of McCaslin, Dillon Road extended, in the southwest area of the Centennial Valley property. They request approval of a 478,000 sq. ft. two (2) stage, mixed office, printing, and warehouse facility. This will be their second facility in Louisville. Homart is responsible for the Subdivision 5