Meeting Time: April 01, 2025 at 11:15am EDT
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Agenda Item

CR-039-2025 A RESOLUTION CONCERNING ECONOMIC DEVELOPMENT REVENUE BONDS for the purpose of issuing economic development revenue bonds in an aggregate principal amount not to exceed Seven Million Five Hundred Thousand Dollars ($7,500,000), and to loan the proceeds from the sale of such bonds to Collington Episcopal Life Care Community, Inc., a nonstock corporation organized under the laws of the State of Maryland for non-profit purposes, referred to as the "Facility Applicant."