The Advocate, NOTICE OF RESOLUTION ADOPTING ORDINANCE NOTICE IS HEREBY GIVEN that the Board of Commissioners of the EBRATS Building Special Taxing District (the District) met in an open and public session and held a public hearing at the office of the District located at 400 North Boulevard, Baton Rouge, Louisiana 70802, with a notice and agenda for such public session posted in accordance with Louisiana Revised Statute 42:19, on July 9th, 2015 at 12:00 p.m., to hear any objections to the adoption of an Ordinance introduced by the Board of Commissioners in an open and public session at the offices of Phelps Dunbar, LLP, 400 Convention Street, Suite 1100, Baton Rouge, Louisiana 70802, with a notice and agenda for such public session posted in accordance with Louisiana Revised Statute 42:19, on June 3, 2015 at 12:00 p.m. With no objection, the Ordinance was passed upon the Board of Commissioners adoption of the following resolution on July 9, 2015: RESOLUTION OF THE BOARD OF COMMISSIONERS OF EBRATS BUILDING SPECIAL TAXING DISTRICT On motion of Davis Rhorer, seconded by Dwayne M. Murray, the following resolution was adopted: A RESOLUTION OF THE EBRATS BUILDING SPECIAL TAXING DISTRICT ADOPTING AN ORDINANCE LEVYING AND PROVIDING FOR THE COLLECTION OF A TAX UPON THE OCCUPANCY OF HOTEL ROOMS, MOTEL ROOMS, AND OVERNIGHT CAMPING FACILITIES WITHIN THE BOUNDARIES OF THE DISTRICT; PROVIDING FOR THE ASSESSMENT, COLLECTION, PAYMENT AND DEDICATION OF SUCH TAXES AND THE PURPOSES FOR WHICH THE PROCEEDS OF SAID TAXES MAY BE EXPENDED; PROVIDING FOR THE EFFECTIVE DATE OF SUCH TAX PURSUANT TO SECTION CHAPTER 27 OF TITLE 33 OF THE LOUISIANA REVISED STATUTES OF 1950, AS AMENDED; AUTHORIZING THE PLEDGE AND ASSIGNMENT OF SUCH TAXES TO THE OWNER OF THE HOTEL IN THE DISTRICT PURSUANT TO A PLEDGE AND ASSIGNMENT AGREEMENT PREVIOUSLY REVIEWED BY THE DISTRICT; AND PROVIDING FOR OTHER MATTERS IN CONNECTION WITH THE FOREGOING. WHEREAS, the exclusive object and purpose for which the EBRATS Building Special Taxing District (the District) is formed is to provide for cooperative economic development among the City of Baton Rouge/Parish of East Baton Rouge (the City/Parish), the owner of a hotel in the District (the Owner), the District, and the State of Louisiana (the State), in order to provide for the renovation, restoration, and development of a hotel in the City of Baton Rouge (the Project) within District as more specifically described in Chapter 27 of Title 33 of the Louisiana Revised Statutes of 1950 (and, more specifically, Section 9038.61 thereof), as amended (the Act); and WHEREAS, according to the Act, the District has and exercises all the powers of a political subdivision and special taxing district necessary or convenient for the carrying out of its objects and purposes; and WHEREAS, pursuant to the Act, the District is authorized to levy and collect a tax upon the occupancy of hotel rooms, motel rooms, and overnight camping facilities within the District (the Taxes); and WHEREAS, pursuant to the Act, the Taxes shall be imposed by ordinance (the Ordinance), substantially in the form attached hereto as Exhibit A, subject to changes approved by counsel to the District, introduced at a prior meeting of the Board of Commissioners of the District (the Board) held on June 3, 2015; and WHEREAS, the District shall use the proceeds of the Taxes as security and/or payment for the bonds, notes, debentures, certificates, receipts or other obligations (Project Obligations) of the Owner issued to fund the costs of the Project (Project Costs). The proceeds of the Taxes will be used to fund any such Project Obligations, including, but not limited to, costs related to planning, financing, constructing, furnishing, expanding, operating and equipping of the Project and all professional fees and expenses necessary therefor, as may be more specifically set forth in the Cooperative Endeavor Agreement by and among the City/Parish, the District, and the Owner (the CEA), substantially in the form approved by the Board and on file at the offices of the District, subject to changes approved by counsel to the parties; and WHEREAS, the proceeds of the Taxes shall be pledged and assigned by the District to the Owner pursuant to a Pledge and Assignment Agreement (the Pledge), substantially in the form approved by the Board and on file at the offices of the District, subject to changes approved by counsel to the parties; and WHEREAS, the collection of the Taxes will be handled on behalf of the District by the Tax Administrator of the City/Parish pursuant to a Collection Agreement between the City/Parish and the District (the Collection Agreement), substantially in the form approved by the Board and on file at the offices of the District, subject to changes approved by counsel to the parties. NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the District, acting as the governing authority for said District that: SECTION 1. The minutes of the initial meeting of the Board, held at the offices of Phelps Dunbar LLP on June 3, 2015, in the form previously reviewed and approved by the Board and on file at the offices of the District, are hereby adopted by the Board and ordered placed in the Minute Book of the District. SECTION 2: The posted written notice and agenda of the public meeting of the District held on this 9th day of July, 2015, pursuant to Chapter 1-A of Title 42 of the Louisiana Revised Statutes of 1950, as amended (the Open Meetings Law), is hereby ratified by the Board. SECTION 3. The District has reviewed and approved of, and hereby adopts, the Ordinance levying and providing for the collection of the Taxes, substantially in the form approved by the Board and on file at the offices of the District, subject to changes approved by counsel to the District. SECTION 4. This Resolution and the Ordinance shall be published at least twice in The Advocate, the official journal of the District and East Baton Rouge Parish, and the Ordinance and a copy of this Resolution shall be recorded in the Mortgage Records of the Clerk and Recorder for the Parish of East Baton Rouge, State of Louisiana, following its adoption, substantially in the form approved by the Board and on file at the offices of the District, as notice of this meeting having been posted in accordance with Louisiana Revised Statute 42:19 and 42.19.1, as amended, and a public hearing having been held this date, the Ordinance shall take effect immediately upon adoption. SECTION 5. The District has received and reviewed and hereby approves and adopts the form of, and the President, Vice President and Secretary-Treasurer of the District are hereby authorized to take any and all actions convenient or necessary to facilitate the Project and to execute, the CEA, the Pledge and the Collection Agreement, substantially in the form approved by the Board and on file at the offices of the District, subject to changes approved by counsel to the parties, for the purpose of performing all actions necessary to levy and collect the Taxes and providing the proceeds of such Taxes as security and/or payment for the Project Obligations, as defined therein. The President and Vice President of the District are hereby empowered, authorized, and directed to execute, for and on behalf of the District, the CEA, Pledge and the Collection Agreement. SECTION 6. Any specific resolutions that may be required to have been adopted by the District in connection with the actions contemplated by the foregoing resolutions be, and they hereby are, adopted and the President, Vice President or Secretary-Treasurer or any of them acting individually, as the Districts duly authorized representatives, be, and hereby is, authorized to certify as to the adoption of any and all such resolutions and attach such resolutions hereto. SECTION 7. Any past actions by the President, Vice President or Secretary-Treasurer with respect to any of the matters described herein, inclu - PUBLIC NOTICES/MISCELLANEOUS
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