EXECUTIVE ORDER MJF 98-41

EXECUTIVE ORDER MJF 98-41

Bond Allocation Parish of Jefferson Home Mortgage Authority


WHEREAS, Executive Order Number MJF 98-24, issued on May 26, 1998, granted a private activity bond allocation from the 1998 private activity bond volume limit to the Parish of Jefferson Home Mortgage Authority for a bond issue in accordance with the requirements of Executive Order Number MJF 96-25; and

WHEREAS, it is necessary to amend Executive Order Number MJF 98-24 in order to extend the time period in which the bond issue 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 Number MJF 98-24 is hereby modified to provide as follows:

The granted allocation shall be valid and in full force and effect, provided that such bonds are delivered to the initial purchasers thereof on or before October 1, 1998.

SECTION 2: All other sections of Executive Order Number MJF 98-24 shall remain in full force and effect, and are not affected by the provisions of this Order.

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 26th day of August, 1998.

M.J. "Mike" Foster
Governor

ATTEST BY
THE GOVERNOR
Fox McKeithen
Secretary of State