EXECUTIVE ORDER MJF 99-43

EXECUTIVE ORDER MJF 99-43

Bond Allocation?Industrial Development Board of the City of New Orleans, Louisiana, Inc.

WHEREAS, Executive Order No. MJF 99-28, issued on July 9, 1999, granted a private activity bond allocation from the 1999 private activity bond volume limit to the Industrial Development Board of the City of New Orleans, Louisiana, Inc., for a bond issue in accordance with the requirements of Executive Order No. MJF 96-25; and

WHEREAS, it is necessary to amend Executive Order No. MJF 99-28 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 No. MJF 99-28 is hereby modified to provide as follows: The granted allocation shall be valid and in full force and effect through the end of 1999, provided that such bonds are delivered to the initial purchasers thereof on or before December 15, 1999.

SECTION 2: All other sections of Executive Order No. MJF 99-28 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 7th day of September, 1999.

M.J. "Mike" Foster, Jr.
Governor

ATTEST BY
THE GOVERNOR
Fox McKeithen
Secretary of State