RESOLUTION NO. _____, SERIES 2019
A RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AUTHORIZING THE APPOINTMENT OF PNC CAPITAL MARKETS LLC AS A CO-REMARKETING AGENT FOR THE $128,000,000 OUTSTANDING PRINCIPAL AMOUNT OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, POLLUTION CONTROL REVENUE BONDS, 2003 SERIES A (LOUISVILLE GAS AND ELECTRIC COMPANY PROJECT); AUTHORIZING THE EXECUTION AND DELIVERY OF A LETTER AGREEMENT IN CONNECTION WITH THE REMARKETING OF THE $40,000,000 OUTSTANDING PRINCIPAL AMOUNT OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, POLLUTION CONTROL REVENUE BONDS, 2005 SERIES A (LOUISVILLE GAS AND ELECTRIC COMPANY PROJECT); AND TAKING OTHER ACTIONS RELATED TO THE REMARKETING OF THE ABOVE-IDENTIFIED BONDS
SPONSORED BY: COUNCIL MEMBER YATES
WHEREAS, on November 20, 2003, Louisville/Jefferson County Metro Government ("Metro Government") issued its Pollution Control Revenue Bonds, 2003 Series A (Louisville Gas and Electric Company Project) in an aggregate principal amount of $128,000,000 (the "2003 Series A Bonds") pursuant to Ordinance No. 190, Series 2003 adopted by the Legislative Council of the Louisville/Jefferson County Metro Government (the "Council") on October 23, 2003 and pursuant to an Indenture of Trust dated as of October 1, 2003 (the "Original Series 2003A Indenture"), by and between Metro Government and U.S. Bank National Association, as successor trustee thereunder (the "Trustee"), as amended and supplemented pursuant to a Supplemental Indenture No. 1 to Indenture of Trust dated as of September 1, 2010 by and between Metro Government and the Trustee (the "Series 2003A Supplemental Indenture" and, together with the Original Series 2003A Indenture, the "Series 2003A Indenture"); and
WHEREAS, Metro Government loaned the proceeds of the 2003 Series A Bonds to Louisville Gas and Electric Company (the "Company") pursuant to a Loan Agreement dated as of October 1, 2003 by and between Metro Government...
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