Agenda Item Name:
Title
Request Adoption of Infrastructure Bank Resolution
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Presenter:
Michele Lieberman, County Manager
Description:
Request Adoption of Infrastructure Bank Resolution
Recommended Action:
Recommended Action
Adopt Infrastructure Bank Resolution (either NACO’s version or expanded version provided by Commissioner Alford)
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Prior Board Motions:
Mar. 30, 2021 - Commissioner Alford stated that she would like to request a resolution in support of a National Infrastructure Bank. The Fund is to be backed by private investors to provide low interest loans for road infrastructure, clean energy projects, and public transportation. NACO has a model resolution. Commissioner Alford has proposed additional language for the resolution.
Fiscal Consideration:
Fiscal Consideration
N/A
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Background:
At the Mar. 30, 2021 meeting, the Board discussed adopting an Infrastructure Bank Resolution. Attached is the sample provided by NACo, as well as a DRAFT provided by Commissioner Mary Alford for review and approval.