WHEREAS, Executive Order No. MJF 2002-16, issued on August 20, 2002, granted a private activity bond allocation from the 2002 private activity bond volume limit to Louisiana Housing Finance Agency in accordance with the requirements of Executive Order No. MJF 96-25, as amended by Executive Order No. MJF 2000-15; and
WHEREAS, it is necessary to amend Executive Order No. MJF 2002-16 in order to extend the time period in which the bonds may be delivered to initial purchasers;
NOW THEREFORE I, M.J. "MIKE" FOSTER, JR., Governor of the state of Louisiana, by virtue of the authority vested by the Constitution and the laws of the state of Louisiana, do hereby order and direct as follows:
SECTION 1: Section 3 of Executive Order No. MJF 2002-16, issued on August 20, 2002, is hereby amended to provide as follows:
The granted allocation shall be valid and in full force and effect through the end of 2002, provided that such bonds are delivered to the initial purchasers thereof on or before December 20, 2002.
SECTION 2: All other sections of Executive Order No. MJF 2002-16 shall remain in full force and effect.
SECTION 3: 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 18th day of November, 2002.
M.J. "Mike" Foster, Jr.
Secretary of State