File #: Ord. 2021-57    Version: 1 Name:
Type: Resolution Status: Individual Consideration
File created: 7/20/2021 In control: City Council
On agenda: 8/3/2021 Final action:
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.
Attachments: 1. OrdinanceB 07.20.2021, 2. Notice of Intent.pdf, 3. 2021 Public Service Facility breakdown
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.

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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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