DECLARATION OF OFFICIAL INTENT.PDF
Extracted text (via ocr_local)
1328 characters
DECLARATION OF OFFICIAL INTENT C-18-25- For Reimbursement of Expenditures from Lease Financing 1) Maricopa County, Arizona (the “Issuer”) has determined a need to enter into lease financing to replace County equipment such as vehicles, radios, and computers. 2) A portion of the expenditures relating to the Project (the “Expenditures”) (i) has been paid within sixty days prior to the date hereof or (ii) will be paid on or after the date hereof. 3) The issuer reasonably expects to reimburse the Expenditures with proceeds of lease financing. 4) The maximum principal amount of obligations expected to be issued is $43,914,476. a. $15,177,222 - Computer Refresh b. $12,164,667 ~ General and Detention Funds Vehicles c. $11,672,587 - Radio Refresh d. § 4,900,000 - MCSO Airpiane The undersigned has been authorized by the Issuer to make and sign this Declaration on behalf of the Issuer pursuant to action taken by the Board of Supervisors on June 25, 2025. (Clerk of Certification of action attached) Date of Declaration: June 25, 2025 Maricopa County, Arizona Name of Issuer Thomas Galvin Chairman, Board of Supervisors ATTEST: Juanita Garza Date Clerk, Board of Supervisors LEGAL REVIEW Approved as to form and within the powers and authority granted under the laws of the State of Arizona to Maricopa County.