C-number: C-43-11-040-7
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A-2. MARICOPA COUNTY REVOLVING LINE OF CREDIT Pursuant to A.R.S. § 11-604.01, approve the terms of a Business Loan Agreement (Maricopa County Revolving Line of Credit) and Maricopa County Revolving Line of Credit Promissory Note, relating to the same. Pursuant to A.R.S. § 11-604.01, approve a Business Loan Agreement (Maricopa County Districts Revolving Line of Credit) and a Maricopa County Districts Revolving Line of Credit Promissory Note, relating to the same. Authorize the Chairman of the Board of Supervisors and the Maricopa County Treasurer to sign the foregoing contracts and promissory notes, on behalf of Maricopa County and the County Districts. A.R.S. § 11-604.01 permits the Board of Supervisors to enter into agreements with a financial institution in the State for the purpose of obtaining separate and distinct revolving lines of credit for the county and each individual political subdivision of the County for the current fiscal year, to pay the lawful claims and obligations of that political subdivision until sufficient monies for payment from property taxes and other nonrestricted revenues are received by the Treasurer. (C-43-11-040-7-00)
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5. AMENDMENT TO BUSINESS LOAN AGREEMENT (DISTRICTS REVOLVING LINE OF CREDIT) WITH JP MORGAN CHASE BANK, N.A. Approve Amendment No.8 to Business Loan Agreement (Districts Revolving Line of Credit) between JP Morgan Chase Bank, N.A. and Maricopa County. The purpose of this amendment is to increase the Commitment Amount Cap under the line from its current $220,000,000 level to $300,000,000 from June 18, 2012 to June 30, 2013. This amendment is non-financial and is effective from June 18, 2012 until June 30, 2013. All other terms and conditions of the Agreement remain in full force and effect. This item was heard in Executive Session on June 18, 2012. Amendments 1-7 were through previous authority. (C-43-11-040-7-01)
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BOD-1. AMENDMENT TO BUSINESS LOAN AGREEMENT (DISTRICTS REVOLVING LINE OF CREDIT) WITH JP MORGAN CHASE BANK, N.A. Approve Amendment No.8 to Business Loan Agreement (Districts Revolving Line of Credit) between JP Morgan Chase Bank, N.A. and Maricopa County. The purpose of this amendment is to increase the Commitment Amount Cap under the line from its current $220,000,000 level to $300,000,000 from June 18, 2012 to June 30, 2013. This amendment is non-financial and is effective from June 18, 2012 until June 30, 2013. All other terms and conditions of the Agreement remain in full force and effect. This item was heard in Executive Session on June 18, 2012. Amendments 1-7 were through previous authority. (C-43-11-040-7-01)
Vote: approved
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A-1. RESOLUTION AND ADDENDUMS # 1-22 TO MARICOPA COUNTY DISTRICT LINE OF CREDIT Adopt a resolution to approve Addendum No. 22 to the Business Loan Agreement (Maricopa County Districts Revolving Line of credit) (“District Line of Credit”) with JPMorgan Chase Bank, N.A. Addendum No. 22 to the “District Line of Credit,” among other items, extends the expiration date for one year from June 30, 2014 to June 30, 2015, provides a separate line of credit for each qualifying political subdivision of this State for which the County Treasurer acts as Treasurer, modifies the Commitment Cap for specific time periods during the year, and increases the overall Commitment Cap to a not-to-exceed amount of $400,000,000. This action also confirms and incorporates Addendums Nos. 1-21 as previously approved by the Maricopa County Treasurer or his authorized designee. This action clarifies the action taken on June 18, 2012 related to this agreement to indicate that the documents were related to Addendum #8, not Amendment #8 to the Business Loan Agreement (Districts Revolving Line of Credit). (C-43-11-040-7-02) A-2. MAIL BALLOT ELECTION FOR SPECIAL TAXING DISTRICTS Pursuant to A.R.S. 16-225 and 16-558, approve a mail ballot election for the College Park Country Estates IWDD No. 53 and Sunburst Farms Irrigation District by the July 14, 2014 deadline for a Call of Election (A.R.S. 16-226(A), to be conducted by these Districts on November 11, 2014. (Supervisorial District 4) (C-06-14-480-M-00) A-3. APPOINTMENTS Approve the Official Appointments of Daniel David Ruiz II as Deputy Recorder. (C-06-14-475-7-00)
Vote: approved
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A-1. RESOLUTION AND ADDENDUMS # 1-22 TO MARICOPA COUNTY DISTRICT LINE OF CREDIT Adopt a resolution to approve Addendum No. 22 to the Business Loan Agreement (Maricopa County Districts Revolving Line of credit) (“District Line of Credit”) with JPMorgan Chase Bank, N.A. Addendum No. 22 to the “District Line of Credit,” among other items, extends the expiration date for one year from June 30, 2014 to June 30, 2015, provides a separate line of credit for each qualifying political subdivision of this State for which the County Treasurer acts as Treasurer, modifies the Commitment Cap for specific time periods during the year, and increases the overall Commitment Cap to a not-to-exceed amount of $400,000,000. This action also confirms and incorporates Addendums Nos. 1-21 as previously approved by the Maricopa County Treasurer or his authorized designee. This action clarifies the action taken on June 18, 2012 related to this agreement to indicate that the documents were related to Addendum #8, not Amendment #8 to the Business Loan Agreement (Districts Revolving Line of Credit). (C-43-11-040-7-02) A-2. MAIL BALLOT ELECTION FOR SPECIAL TAXING DISTRICTS Pursuant to A.R.S. 16-225 and 16-558, approve a mail ballot election for the College Park Country Estates IWDD No. 53 and Sunburst Farms Irrigation District by the July 14, 2014 deadline for a Call of Election (A.R.S. 16-226(A), to be conducted by these Districts on November 11, 2014. (Supervisorial District 4) (C-06-14-480-M-00) A-3. APPOINTMENTS Approve the Official Appointments of Daniel David Ruiz II as Deputy Recorder. (C-06-14-475-7-00)
Vote: approved
Item Text
A-1. RESOLUTION AND ADDENDUMS # 1-22 TO MARICOPA COUNTY DISTRICT LINE OF CREDIT Adopt a resolution to approve Addendum No. 22 to the Business Loan Agreement (Maricopa County Districts Revolving Line of credit) (“District Line of Credit”) with JPMorgan Chase Bank, N.A. Addendum No. 22 to the “District Line of Credit,” among other items, extends the expiration date for one year from June 30, 2014 to June 30, 2015, provides a separate line of credit for each qualifying political subdivision of this State for which the County Treasurer acts as Treasurer, modifies the Commitment Cap for specific time periods during the year, and increases the overall Commitment Cap to a not-to-exceed amount of $400,000,000. This action also confirms and incorporates Addendums Nos. 1-21 as previously approved by the Maricopa County Treasurer or his authorized designee. This action clarifies the action taken on June 18, 2012 related to this agreement to indicate that the documents were related to Addendum #8, not Amendment #8 to the Business Loan Agreement (Districts Revolving Line of Credit). (C-43-11-040-7-02) A-2. MAIL BALLOT ELECTION FOR SPECIAL TAXING DISTRICTS Pursuant to A.R.S. 16-225 and 16-558, approve a mail ballot election for the College Park Country Estates IWDD No. 53 and Sunburst Farms Irrigation District by the July 14, 2014 deadline for a Call of Election (A.R.S. 16-226(A), to be conducted by these Districts on November 11, 2014. (Supervisorial District 4) (C-06-14-480-M-00) A-3. APPOINTMENTS Approve the Official Appointments of Daniel David Ruiz II as Deputy Recorder. (C-06-14-475-7-00)
6 item(s) sharing C-number base C-43-11-040-7