Tennis court resolution on city agenda

March 24, 2019--4:19 p.m.

Staff reports

The Rome City Commission is expected to consider a resolution approving documents for the financing of covered tennis courts at the Rome Tennis Center at Berry College when they meet Monday night.

The resolution includes an amendment to the lease agreement with the City of Rome Recreational Facilities Authority.

On May 21, 2018, the Rome City Commission approved a resolution that requested that the authority issue its revenue bonds in the aggregate principal amount not to exceed $4-million for the project.

However, during a city commission caucus session on February 11, it was stated that based on further review and design the budget would be closer to $5-million and it was hoped a guaranteed maximum cost figure could be established by the first of May.

The Rome Recreational Facilities Authority will meet Monday at 4:30 p.m. at City Hall to address the financing that will be needed for the construction of the covered tennis courts.

You can view the documents related to the proposed city commission resolution below.

Resolution

2019 Bond Schedule

2019B Lease

Amendment to Lease

Bond Purchase Agreement

Monday’s commission meeting begins at 6:30 p.m.

The pre-meeting caucus is at 5.
 

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