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File #: TMP-1292   
Type: Resolution Status: Passed
File created: 10/20/2025 In control: City Council
On agenda: 10/23/2025 Final action: 10/23/2025
Title: RESOLUTION - NO. R-25-548 - BY: COUNCILMEMBER GREEN (BY REQUEST) Brief: A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT TO EXCEED FIFTEEN MILLION DOLLARS ($15,000,000) NEW ORLEANS AVIATION BOARD CFC BOND ANTICIPATION NOTE IN ONE OR MORE SERIES IN ORDER TO REIMBURSE THE AIRPORT’S GENERAL FUND AND/OR PAY FOR PRELIMINARY EXPENDITURES AND TO FINANCE CFC PROJECTS AT THE LOUIS ARMSTRONG NEW ORLEANS INTERNATIONAL AIRPORT; AUTHORIZING NOT TO EXCEED ONE HUNDRED TWENTY MILLION DOLLARS ($120,000,000) OF NEW ORLEANS AVIATION BOARD REVENUE AND REFUNDING BONDS IN ONE OR MORE SERIES TO CURRENTLY REFUND THE CFC BOND ANTICIPATION NOTE AND THE OUTSTANDING SERIES 2018 CFC REFUNDING BONDS; APPROVING AN AMENDED AND RESTATED CUSTOMER FACILITY CHARGE MASTER REVENUE BOND TRUST INDENTURE AND A FIRST SUPPLEMENTAL INDENTURE THERETO; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH. Annotation: (This matter was introduced on 10/23/25).
Attachments: 1. R-25-548 w-Attachment, 2. R-25-548 Speaker - 10-23-25

Title

RESOLUTION - NO. R-25-548 - BY:  COUNCILMEMBER GREEN (BY REQUEST)

 

Brief:

A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT TO EXCEED FIFTEEN MILLION DOLLARS ($15,000,000) NEW ORLEANS AVIATION BOARD CFC BOND ANTICIPATION NOTE IN ONE OR MORE SERIES IN ORDER TO REIMBURSE THE AIRPORT’S GENERAL FUND AND/OR PAY FOR PRELIMINARY EXPENDITURES AND TO FINANCE CFC PROJECTS AT THE LOUIS ARMSTRONG NEW ORLEANS INTERNATIONAL AIRPORT; AUTHORIZING NOT TO EXCEED ONE HUNDRED TWENTY MILLION DOLLARS ($120,000,000) OF NEW ORLEANS AVIATION BOARD REVENUE AND REFUNDING BONDS IN ONE OR MORE SERIES TO CURRENTLY REFUND THE CFC BOND ANTICIPATION NOTE AND THE OUTSTANDING SERIES 2018 CFC REFUNDING BONDS; APPROVING AN AMENDED AND RESTATED CUSTOMER FACILITY CHARGE MASTER REVENUE BOND TRUST INDENTURE AND A FIRST SUPPLEMENTAL INDENTURE THERETO; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH.

 

Annotation:

(This matter was introduced on 10/23/25).