Get the free Resolution Authorizing the Sale of General Revenue Notes - washington
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This document outlines the resolution adopted by the Board of Regents of the University of Washington to authorize the issuance of General Revenue Notes (commercial paper) for financing capital projects
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How to fill out resolution authorizing form sale
How to fill out Resolution Authorizing the Sale of General Revenue Notes
01
Title the document as 'Resolution Authorizing the Sale of General Revenue Notes'.
02
Begin with a preamble outlining the purpose of the resolution.
03
Clearly state the amount of revenue notes to be sold.
04
Specify the terms of the sale including interest rates, maturity dates, and payment schedules.
05
Include a clause authorizing a designated official to execute necessary documents for the sale.
06
Mention any fees associated with the sale, including underwriting or advisory fees.
07
Provide a section for effective dates of the resolution.
08
Conclude with a signature block for authorized representatives.
Who needs Resolution Authorizing the Sale of General Revenue Notes?
01
Municipal governments seeking to raise funds through the sale of revenue notes.
02
Financial institutions involved in financing projects.
03
Legal teams preparing documentation for public finance transactions.
04
Investors looking for clarity on the issuance of revenue notes.
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What is Resolution Authorizing the Sale of General Revenue Notes?
A Resolution Authorizing the Sale of General Revenue Notes is a formal document approved by a governing body that permits the issuance and sale of revenue notes used to finance various governmental projects or obligations.
Who is required to file Resolution Authorizing the Sale of General Revenue Notes?
Typically, governmental entities such as cities, counties, or municipal authorities that wish to issue general revenue notes must file this resolution.
How to fill out Resolution Authorizing the Sale of General Revenue Notes?
To fill out the resolution, one must include details such as the purpose of the notes, the amount to be issued, the terms of the notes, and the governing body's approval. It often requires signatures from authorized officials.
What is the purpose of Resolution Authorizing the Sale of General Revenue Notes?
The purpose of the resolution is to legally authorize the sale of the notes to raise funds for specific projects or services that will generate revenue for the issuing entity.
What information must be reported on Resolution Authorizing the Sale of General Revenue Notes?
The resolution must report information such as the total amount of the notes, the terms of repayment, the intended use of the proceeds, and any other relevant financial details.
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