Resolution 2023-062 RESOLUTION NO. 2023 -6 2
A RESOLUTION AUTHORIZING THE WITHDRAWAL OF
COLLIER COUNTY AS A COMMISSION MEMBER OF THE
FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION.
WHEREAS, Collier County is currently a member of the Florida Local Government
Finance Commission (the "FLGFC") which was created by that certain Interlocal Agreement,
dated as of February 19, 1991, among Collier County, Brevard County, Florida, and Sarasota
County, Florida, as amended by the First Supplemental Interlocal Agreement, dated as of
December 1, 1994, among Brevard County, Florida, Collier County, Florida, Sarasota County,
Florida, Osceola County, Florida and Lee County, Florida, and as further supplemented by that
certain Joinder Agreement dated as of October 1, 2006 between FLGFC and Charlotte County,
Florida(collectively, the "Interlocal Agreement"); and
WHEREAS, the FLGFC currently issues commercial paper from time to time to provide
short-term loans to various Florida local governments pursuant to FLGFC's pooled commercial
paper loan program (the "Program"); and
WHEREAS, certain members of the FLGFC have approved amendments to the Interlocal
Agreement to provide FLGFC with additional powers, including financing longer-term loans,
issuing conduit debt obligations and assisting with regional resiliency projects; and
WHEREAS, Collier County has determined that it is in its best interests to withdraw as a
member of the FLGFC.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF COLLIER COUNTY, FLORIDA:
SECTION 1. WITHDRAWAL FROM FLGFC. Collier County hereby withdraws as a
member from the FLGFC. In connection therewith, the Chairman is authorized and directed to
execute, and the Clerk to attest, any instruments necessary or desirable to accomplish such
withdrawal.
SECTION 2. SEVERABILITY. If any provision of this Resolution shall be held or
deemed to be or shall, in fact, be illegal, inoperative or unenforceable in any context, the same
shall not affect any other provision herein or render any other provision (or such provision in any
other context) invalid, inoperative or unenforceable to any extent whatever.
SECTION 3. EFFECTIVE DATE. This resolution shall become effective immediately
upon its adoption.
THIS RESOLUTION ADOPTED upon majority vote this ��� day of
RPri , 2023.
ATTEST: BOARD OF COUNTY COMMISSIONERS
Crystal K.O el, Clerk ctf Courts COLLIER COUNTY, FLORIDA
B *),44-4,44,4
(y: Io,C B y:
• , Iiluty Clerk Rick LoCastro, Chairman
?j ,
a . Attest as to`CJiairthan's
signature only
Appro i d ;• ti: ' and legality:
r/
Jeffrey �� la kow, County Attorney
2