EXECUTIVE ORDER 04-58

Amend Executive Order NO. KBB 2004 — 49
Bond Allocation —Louisiana Public Facilities Authority


WHEREAS, Executive Order No. KBB 2004—49, issued on November 19, 2004, granted a private activity bond allocation from the 2004 private activity bond volume limit to the Louisiana Public Facilities Authority in accordance with the requirements of Section 146 of the Internal Revenue Code of 1986, as amended; and

WHEREAS, it is necessary to amend Executive Order No. KBB 2004—49 in order to correct the amount of the allocation and to extend the time period in which the bonds may be delivered to initial purchasers;

NOW THEREFORE I, KATHLEEN BABINEAUX BLANCO, Governor of the state of Louisiana, by virtue of the authority vested by the Constitution and laws of the state of Louisiana, do hereby order and direct as follows:

SECTION 1: Section 1 of Executive Order No. KBB 2004-49, issued on November 19, 2004, is hereby amended to provide as follows:

The bond issue, as described in this Section, shall be and is hereby granted an allocation from the 2004 Ceiling in the amount shown:

Amount of Allocation

Name of Issuer

Name of Project

$7,605,000

Louisiana Public Facilities Authority

Tivoli, II, L.P.

 

SECTION 2: Section 3 of Executive Order No. KBB 2004—49, issued on November 19, 2004, is hereby amended to provide as follows:

The granted allocation shall be valid and in full force and effect through December 31, 2004, provided that such bonds are delivered to the initial purchasers thereof on or before December 31, 2004.

SECTION 3: All other sections of Executive Order No. KBB 2004—49 shall remain in full force and effect.

SECTION 4: The provisions of this Order are effective upon signature.

IN WITNESS WHEREOF, I have set my hand officially and caused to be affixed the Great Seal of Louisiana, at the Capitol, in the city of Baton Rouge, on this 20th day of December, 2004.

Kathleen Babineaux Blanco
Governor

ATTEST BY
THE GOVERNOR
Fox McKeithen
Secretary of State