AGENDA CAPTION:
Title
Consider approval of Resolution 2018-162R, approving the appointment of the law firm of McCall, Parkhurst, and Horton, L.L.P. as Bond Counsel for the City on projects funded or reimbursed by the Texas Water Development Board; authorizing the City Manager to execute the Bond Counsel Agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: September 18, 2018
Department: Finance Department - Heather Hurlbert, Director (by Lynda Williams, Purchasing Manager)
Amount & Source of Funding
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Fiscal Note:
Prior Council Action: These services will be used for the bonds issued through the Texas Water Development Board for the reimbursement of the purchase Millican Tract land purchase approved by Council in August 2018.
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
On July 8, 2018, a Request for Qualifications , 218-328, was issued for professional Bond Counsel Services to assist the City with various capital financing projects and provide assistance with possible loan, grant, or disadvantaged funding through the Texas Water Development Board ("TWDB"). Eight (8) Statements of Qualifications were received and evaluated by a City staffed...
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