Examples of Authorizing Ordinance in a sentence
Each Notice of Advance shall contain a brief description of the nature of the Project costs to be paid with the proceeds of the advance being requested.The Town hereby authorizes the issuance of a taxable non-revolving promissory note (the "Non-Revolving Credit Note"), to be issued under and pursuant to the Authorizing Ordinance, this resolution and the Line of Credit Agreement, in a maximum aggregate principal amount not exceeding $15,000,000.
This resolution is adopted pursuant to the provisions of Article VIII, Section 2 of the Florida Constitution, Chapter 1 66, Part II, Florida Statutes, as amended, Sections 1.1, 4.3 and 4.1 1 of the Charter of the Town, the Authorizing Ordinance (as defined herein), and other applicable provisions of law.