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HomeMy WebLinkAbout20053428.tiff HEARING CERTIFICATION RE: IRS TEFRA HEARING CONCERNING THE ISSUANCE OF ADJUSTABLE RATE ECONOMIC DEVELOPMENT REVENUE BONDS (BSC HUDSON, LLC PROJECT) SERIES 2005 A public hearing was conducted on October 19, 2005, at 9:00 a.m., with the following present: Commissioner William H. Jerke, Chair Commissioner M. J. Geile, Pro-Tern Commissioner David E. Long Commissioner Robert D. Masden Commissioner Glenn Vaad Also present: Acting Clerk to the Board, Jenny VanEgdom County Attorney, Bruce Barker The following business was transacted: I hereby certify that pursuant to a notice duly published October 5, 2005, in the Fort Lupton Press, a public hearing was conducted to consider the IRS TEFRA Hearing Concerning the Issuance of Adjustable Rate Economic Development Bonds (BSC Hudson, LLC Project) Series 2005. Bruce Barker, County Attorney, made this a matter of record. Mr. Barker stated the County has been requested by BSC Hudson, LLC, to issue Bonds in the aggregate principal amount not to exceed $5.9 million. He stated the principal amount will fund a loan by the County to BSC Hudson, LLC, for the purposes of providing funds to acquire, develop, construct, approve, and equip a manufacturing facility. He further stated the manufacturing facility will be approximately 48,000 square feet, and will be located at 22400 1-75 Frontage Road, Hudson, Colorado 80642. Mr. Barker stated the funds will also pay for certain costs of issuance relating to the Bonds. He further stated the project will be owned by the borrower, BSC Hudson, and will be operated by Boulder Scientific Company. Mr. Barker stated the Intent Resolution has been previously approved. No public testimony was offered concerning this matter. There being no further discussion, the hearing was completed at 5:10 p.m. 2005-3428 FI0041 is -5O- HEARING CERTIFICATION - IRS TEFRA HEARING PAGE 2 This Certification was approved on the 24th day of October 2005. APPROVED: BOARD OF COUNTY COMMISSIONERS ', WELD COUNTY, COLORADO ATTEST: 62 h 1161 a I'� /I.- ';1 William H. Jer , Chair Weld County Clerk to th Net BY: ile, o-qm D uty C rk to the rd Da ' E. Lon TAPE #2005-39 Robert D. Masde Glenn Vaad 2005-3428 FI0041 Hello