AGENDA CAPTION:
Title
Consider approval of Resolution 2022-109R, authorizing proceeding with issuance of Certificates of Obligation and further directing the publication of Notice of Intention to Issue City of San Marcos, Texas Combination Tax and Revenue Certificates of Obligation for certain projects for the City's water and wastewater system, streets, airport, public safety facilities and equipment, stormwater management and flood control facilities, and electric utility system in an amount not to exceed $26,135,000.00
Body
Meeting date: May 17, 2022
Department: Finance-Anna Miranda, Interim Finance Director
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: September 2021 - City Council approved FY22 Capital Improvement Program (CIP); May 3, 2022 - City Council heard presentation on updates to FY22 CIP and related funding, including issuance of bonds
City Council Strategic Initiative: [Please select from the dropdown menu below]
Choose an item.
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
The City of San Marcos approved a Capital Improvements Plan (CIP) during the FY2022 Budget process that called for the funding of approximately $51,150,003 in capital improvement projects for the City of San Marcos. These projects include water and wastewater system, streets, airport, public safety facilities and equipment, stormwater management and flood control facil...
Click here for full text