AGENDA CAPTION:
Title
Consider approval of Ordinance 2021-57, on first and final reading, authorizing the issuance and sale of an amount not to exceed $34,555,000 of Combination Tax and Revenue Certificates of Obligation, Series 2021B, for constructing, improving, designing, acquiring and equipping the City's (1) new Public Services Facility, including acquisition of land; and (2) the payment of professional services in connection therewith including legal, fiscal and engineering fees and the costs of issuing the certificates of obligation and other matters related thereto; providing for adoption of this Ordinance on one reading only in accordance with State Law.
Body
Meeting date: August 3, 2021
Department: Finance-Marie Kalka, Finance Director
Amount & Source of Funding
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Fiscal Note:
Prior Council Action: June 1, 2021 - Council provided authorization to publish notice of intent and direction to proceed with issuance of Certificates of Obligation in the amount not to exceed $34,555,000.
City Council Strategic Initiative: [Please select from the dropdown menu below]
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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Background Information:
Notice of intention to issue Certificates of Obligations (CO's) was published in the San Marcos Daily Record on June 4th and 11th...
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