AGENDA CAPTION:
Title
Consider approval of Ordinance 2019-06, on first and final reading as allowed by Texas Govenmment Code 1201.028, amending Ordinance 2019-03 authorizing the issuance of the "City of San Marcos, Texas Special Assessment Revenue Bonds, Series 2019 (Trace Public Improvement District)"; approving and authorizing an Indenture of Trust, a Bond Purchase Agreement, an offering Memorandum, a continuing Disclosure Agreement and other Agreements and documents in connection therewith including amendments to the Financing Agreement and Acquisition and Reimbursement Agreement; making findings with respect to the issuance of such bonds; and providing an effective date.
Body
Meeting date: January 29, 2019
Department: City Manager Office
Amount & Source of Funding
Funds Required: N/A
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Fiscal Note:
Prior Council Action: The City Council approved the Amended Trace Public Improvement District Financing agreement and the Acquisition and Reimbursement agreement on September 18, 2018 and they also amended the Trace Public Improvement District Term Sheet on August 7, 2018. An amended and restated Service Assessment Plan was approved on first reading on December 4, 2018. Bonds were issued on January 15, 2019.
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