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Consideration and action upon a Resolution authorizing the Chairman, as the highest elected official of the County, acting solely in his official capacity as Chairman of the Board of County Commissioners, to approve the Charter School Revenue Bonds as requested by Dove Charter Public School Foundation, Inc. (the “Corporation”), in connection with the proposed issuance by the Arizona Industrial Development Authority, a nonprofit corporation designated as a political subdivision of the State of Arizona (“AZIDA”), of its Charter School Revenue Bonds, to be issued pursuant to a plan of financing within the meaning of Section 147(f)(2)(C) of the Code in one or more series from time to time (the “Bonds”), in an amount not to exceed $35,000,000. The Corporation has requested the approval of the Bonds and the Project (as defined below) for those facilities located in the Oklahoma County, Oklahoma; and the proceeds from the sale of the Bonds will finance a loan by the Lender, Equitable Facilities Fund, Inc., to the Corporation. The Corporation is a duly organized and validly existing Oklahoma not for profit corporation. The loan to the Corporation to be made by the Lender will (i) finance and refinance the acquisition, construction, expansion, remodeling, renovation, improvement, furnishing and/or equipping of the Dove Schools, Inc. campus facilities located at 4343 S. 118th E. Avenue, Tulsa, Oklahoma, 280 South Memorial Drive, Tulsa, Oklahoma, 5537 NW Expressway, Oklahoma City, Oklahoma, 919 NW 23rd Street, Oklahoma City, Oklahoma, 7202 S I-35 Service Road, Oklahoma City, Oklahoma, 7124 S I-35 Service Road, Oklahoma City, Oklahoma, and 1211 E I-240 Service Road, Oklahoma City, Oklahoma (the “Project”), that will be leased to and operated by Dove Schools, Inc. (“Dove Schools”), an Oklahoma not for profit corporation, and (ii) pay costs associated with the closing of the loan. The Project will initially be owned by the Corporation and leased to and operated by Dove...
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