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Fiscal Impact |
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Fiscal Impact/Cost Summary: |
None. When issued, the Bonds will be special, limited obligations of the Authority, payable solely from the debt service payments required to be made by the Borrower to the Authority and the other security to be pledged by the Borrower with respect to the Bonds. The Bonds will not be a debt or liability of Broward County, the City of Lauderdale Lakes, or the State of Florida or any political subdivision thereof; and, neither Broward County, the City of Lauderdale Lakes, the State of Florida or any political subdivision thereof will be obligated in any respect relating to the Bonds. |
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