RESOLUTION - 22 of 2024 no petition has been filed objecting to the proposed issuance

[City Clerk]

The following resolution was offered by Alderwoman Simmons and seconded by Alderman Bourgeois:
RESOLUTION - 22 of 2024
A resolution finding and determining that a public hearing has been held and that no petition has been filed objecting to the proposed issuance by the City of Jeanerette, State Louisiana, of its Taxable Sewer Revenue Bonds in an amount not to exceed Four Million Four Hundred Thousand Dollars ($4,400,000); authorizing the officials of said City to proceed with the preparation of the documents required for the issuance of such Bonds; and providing for other matters in connection therewith.
WHEREAS, on October 22, 2024, the Mayor and Board of Aldermen of the City of Jeanerette, State of Louisiana (the "Governing Authority"), adopted a resolution declaring its intention to issue not to exceed Four Million Four Hundred Thousand Dollars ($4,400,000) of Taxable Sewer Revenue Bonds (the "Bonds") of the City of Jeanerette, State of Louisiana (the "City"), to pay costs of constructing, acquiring, extending and/or improving the sewer system of the City (the "Project"), in compliance with the provisions of Part II of Chapter 4 of Subtitle II of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other constitutional and statutory authority (the "Act"), and authorized the publication of a Notice of Intention in connection therewith; and

WHEREAS, pursuant to the provisions as set out above, said Notice of Intention was published once a week for four consecutive weeks in the "Daily Iberian", a newspaper of general circulation in the City, namely on October 26, November 2, November 9 and November 16, 2024; and
WHEREAS, said Notice of Intention, as published, included a general description of the Bonds and the security therefor and set forth a place, date and time when a public hearing would be held by the Governing Authority in open and public session to hear any objections or receive any petitions to the proposed issuance of the Bonds without the holding of an election thereon; and
WHEREAS, at said place and on said date and at said time a public hearing was duly held, and no one presented or had filed any petition pertaining to the issuance of the proposed Bonds; and
WHEREAS, it is now the wish of the Governing Authority to authorize such further action as may be required to proceed with the issuance of the Bonds;
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Aldermen of the City of Jeanerette, State of Louisiana (the "Governing Authority"), acting as the governing authority of the City, that:


SECTION 1. All of the findings of fact made and set forth in the preamble to this resolution are hereby declared to be true and correct, and it is hereby further found and determined that the City, acting through this Governing Authority, is hereby authorized to proceed with the issuance of the Bonds, as described in the preamble hereto, the proceeds of which will be used to pay a portion of the costs of the Project, the Bonds to mature over a period not exceeding twenty -two (22) years from their date of issuance, and to bear interest at a rate or rates not exceeding 0.95% per annum, pursuant to the authority of the Act, without the necessity of the holding of an election on the question of the issuance of such Bonds.
SECTION 2. The appropriate officers of the City shall proceed with the preparation of the necessary documents and the taking of the necessary steps to issue the Bonds, all subject to such further approvals of this Governing Authority as may be appropriate or required.
The foregoing resolution having been submitted to a vote, the vote thereon was as follows:
Member Yea Nay Absent Abstaining
D. Charlene Moore X
Ray Duplechain X
G. Butch Bourgeois X
Mariah Clay X
Christia Simmons X

This resolution was declared adopted on this, the 18th day of November, 2024.


/s/ /s/ .
Susan Colden Clerk Mayor Carol Bourgeois, Jr


STATE OF LOUISIANA
PARISH OF IBERIA

I, the undersigned Clerk of the City of Jeanerette, State of Louisiana (the "City"), do hereby certify that the foregoing pages constitute a true and correct copy of a resolution adopted by the Mayor and Board of Aldermen of the City of Jeanerette, State of Louisiana, acting as the governing authority of the City, on November 18, 2024, finding and determining that a public hearing has been held and that no petition has been filed objecting to the proposed issuance by the City of its Taxable Sewer Revenue Bonds in an amount not to exceed Four Million Four Hundred Thousand Dollars ($4,400,000); authorizing the officials of said City to proceed with the preparation of the documents required for the issuance of such Bonds; and providing for other matters in connection therewith.
IN FAITH WHEREOF, witness my official signature on this, the 18th day of November, 2024.

________________/s/_______________
City Clerk