Item C25Revised 2/95
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: February 21, 2001
Bulk Item: Yes ® No ❑
Division: Management Services
Department: Administrative Services
AGENDA ITEM WORDING: Approval to close fund 202, 1993 Refunding Improvement
Bonds (1983) and approval of equity transfer of residual funds to the General Fund.
ITEM BACKGROUND: These revenue bonds were issued in 1983 and re -financed in
1993 to finance the building of the Marathon, Islamorada, and Key Largo libraries and to
make improvements to the Harry Harris Park and Key West Administrative Building
located on Stock Island. The County finished repaying these bonds in Fiscal Year 1999.
Approximately $200,000 remains in the fund. These remaining funds will be transferred
to the general fund.
PREVIOUS RELEVANT BOCC ACTION: None
STAFF RECOMMENDATION: Approval
TOTAL COST: N/A
COST TO COUNTY: N/A
REVENUE PRODUCING: Yes [j No
BUDGETED: Yes ❑ No ❑
AMOUNT PER MONTH
YEAR
APPROVED BY:COUNTY ATTY ❑ OMB/PURCHASING ® RISK MANAGEMENT ❑
DIVISION DIRECTOR APPROV '
James L. Roberts, County Administrator
DOCUMENTATION: INCLUDED: ❑ TO FOLLOW: ❑ NOT REQUIRED:
DISPOSITION:
AGENDA ITEM #: ji7fi