Legislation Details

File #: 26-0198    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 1/21/2026 In control: Health Services Department
On agenda: 2/10/2026 Final action: 2/10/2026
Title: Approval and execution of Resolution 2026-M-08 of the Orange County Board of County Commissioners regarding declaring the County's official intent to reimburse itself from the proceeds of tax-exempt or other tax-advantaged obligations for certain capital expenditures to be made by the County with respect to the financing of certain costs and repayment of interfund loans relating to the demolition, renovation, construction, and equipping of Capital Improvements to its Animal Services Facilities; authorizing certain incidental actions; and providing for an effective date.
Attachments: 1. FY 26 Reimbursement Resolution - Animal Services Facility - Clean for Agenda - 2-10-26, 2. Resolution 2026-M-08

Interoffice Memorandum

 

DATE: January 21, 2026

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: Raul Pino, MD, MPH, Director

 

FROM: John Goodrich, Deputy Director

 

CONTACT: Sandra Roe

 

PHONE: 407-836-7611

 

DIVISION: N/A

 

ACTION REQUESTED:

title

Approval and execution of Resolution 2026-M-08 of the Orange County Board of County Commissioners regarding declaring the County’s official intent to reimburse itself from the proceeds of tax-exempt or other tax-advantaged obligations for certain capital expenditures to be made by the County with respect to the financing of certain costs and repayment of interfund loans relating to the demolition, renovation, construction, and equipping of Capital Improvements to its Animal Services Facilities; authorizing certain incidental actions; and providing for an effective date.

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PROJECT:
N/A

 

PURPOSE: The County is in the process of initiating construction of the new Animal Services Facility. This facility is designed to meet both current needs and anticipated demand for the foreseeable future. As previously discussed with the Board, the County is currently evaluating whether to issue bonds based on projected future revenues.  As costs have begun to be incurred and will continue until the completion of the project, it is necessary for the Board to adopt a reimbursement resolution to allow for the reimbursement of these initial outlays as part of any future debt issuance. The attached reimbursement resolution was prepared in consultation with Nabors Giblin & Nickerson, as bond counsel for the County. This resolution is a common action used to declare our intent to reimburse the counties’ capital expenditures from the proceeds of a future tax-exempt debt issue. This is not a binding action and does not require the issuance of any future debt. It simply reserves the financial flexibility under the tax code to take that action in the future, if the Board desires. Without this resolution, the Board would be limited by the tax code in the ability to reimburse for prior expenditures, and that could be financially unfavorable. All future debt and financial plans are still subject to normal Board approvals and budget review, and all projects must undergo the normal approval process. The County Attorney’s Office has reviewed the resolution as to form and content. The Health Services Department and the Fiscal and Business Services Division recommend approval.

 

BUDGET: N/A