ClassifiedsMarketplace
Logo
  • Classifieds
  • Contact Us
  • Sign In
  • Register
  • Place Ad
    • Obituary
    • Legal
    • Recruitment
    • Classified
    • Celebration
    • Retail

  1. Home
  2. Legals
  3. Legals & Public Notices

EXHIBIT F FORM OF NOTICE OF BOND RESOLUTION NO. 1968 Public notice is hereby given by the Urban Renewal Agency of Boise City, Idaho a/k/a Capital City Development Corporation (the "Agency"), that on May 11, 2026, the Board of Commissioners of the Agency approved and adopted Resolution No. 1968 (the "First Supplemental Bond Resolution"). The First Supplemental Bond Resolution supplements the General Bond Resolution (Resolution No. 1967, referred to as the "General Bond Resolution") and authorizes the issuance of the Agency's Parking System Revenue Bonds, Series 2026 (the "Series 2026 Bonds") in the maximum principal amount of $30,000,000 to (i) finance an Urban Renewal Project consisting of a new 446-stall public parking garage located at 1010 W. Jefferson Street, Boise, Idaho within the Westside Urban Renewal Area; (ii) pay costs of issuance for the Series 2026 Bonds; and (iii) to fund certain related reserves, to the extent not funded with other available funds of the Agency. The First Supplemental Bond Resolution delegated to the Chairman, Vice Chairman, and Executive Director of the Agency, each with the authority to act alone (hereinafter each referred to as the "Pricing Officer") in consultation with bond counsel and the Agency's municipal advisor, the power to make the following determinations on or before the date of the sale of the Series 2026 Bonds to the Underwriter, without any requirement that the members of the Board meet to approve such determinations, but subject to the limitations provided: (1) The rate of interest to be borne by the Series 2026 Bonds (provided that the true interest cost on the Series 2026 Bonds shall not exceed 5.5%); (2) The conditions on which and the prices at which the Series 2026 Bonds may be redeemed prior to maturity; (3) The existence and amount of any capitalized interest or reserve fund for the Series 2026 Bonds (including whether such funds are to be funded with proceeds of the Series 2026 Bonds or other available funds of the Agency); (4) The price at which the Series 2026 Bonds shall be sold (which shall be not less than the stated par amount of the Series 2026 Bonds, less any applicable underwriting discount); (5) The principal amount and denomination of the Series 2026 Bonds (provided that the aggregate stated principal amount of the Series 2026 Bonds shall not exceed $30,000,000); (6) The amount of principal of the Series 2026 Bonds maturing in each year; (7) The dates upon which principal and interest shall be paid (provided that the last maturity of the Series 2026 Bonds shall be no later than December 31, 2046); and (8) The existence and terms of any Credit Facility to provide credit enhancement for the Series 2026 Bonds (provided that the Agency's municipal advisor has recommended the use and cost of such credit enhancement in light of the interest rates available with such credit enhancement as compared to interest rates which would be available without such credit enhancement). Under the General Bond Resolution and the First Supplemental Bond Resolution, the Agency has covenanted to use deposits of Pledged Revenues, as received, and other sums held in the Pledged Funds, to pay the amount of interest coming due on each semiannual interest payment date and to pay the amount of principal coming due on each annual principal payment date. Pledged Revenues are defined as all net revenues of the Agency from the parking operations of the designated parking facilities, which shall be deposited in the Pledged Funds created by the General Bond Resolution and the First Supplemental Bond Resolution. As security for the Series 2026 Bonds, the Agency has pledged all Pledged Revenues for payment of the Revenue Bonds (including the Series 2026 Bonds).Under the General Bond Resolution and the First Supplemental Bond Resolution, the Revenue Bonds (including the Series 2026 Bonds) are secured by the Agency's pledge of the Pledged Revenues and Pledged Funds and may be secured by a municipal bond insurance policy or other credit enhancement. None of the City of Boise City, Idaho, Ada County, Idaho, the State of Idaho, its Legislature, nor any political subdivision thereof is liable for the payment of the principal of or interest or redemption premium, if any, on the Revenue Bonds. The General Bond Resolution, First Supplemental Bond Resolution and other supporting material is available for public inspection at the offices of the Agency at 121 N 9th Street, Suite 501, Boise, Idaho, Monday through Friday, 9:00 a.m. to 5:00 p.m. (telephone 208-384-4264). In accordance with the provisions of Section 50-2027 of the Idaho Code, no direct or collateral action attacking or otherwise questioning the validity or legality of the Series 2026 Bonds shall be brought prior to the effective date of the General Bond Resolution and the First Supplemental Bond Resolution authorizing the Series 2026 Bonds or after the expiration of thirty (30) days from and after the effective date of the First Supplemental Bond Resolution. Each of the General Bond Resolution and the First Supplemental Bond Resolution became effective upon its passage and approval on May 11, 2026. By Order of the Board of Commissioners of the Urban Renewal Agency of Boise City, Idaho dated the 11th day of May 2026. URBAN RENEWAL AGENCY OF BOISE CITY, IDAHO By: Latonia Haney Keith, Chair ATTEST: Lauren McLean, Secretary IPL0339977 May 13 2026
Post Date: 05/13 12:00 AM
Refcode: #IPL0339977 
Print
  • COPYRIGHT
  • PRIVACY POLICY
  • TERMS OF SERVICE
iPublish® Marketplace powered by iPublish® Media Solutions © Copyright 2025