AGENDA CAPTION:
Title
Consider approval of Ordinance 2021-09, authorizing the issuance and sale of $8,700,000 of Combination Tax and Revenue Certificates of Obligation, Series 2021 for (1) constructing, improving, designing, acquiring and equipping the City's Road and Street Projects, to include a Railroad Overpass and related Infrastructure on Yarrington Road; 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; providing for approval of this Ordinance an emergency measure on only one reading as authorized by State Law; and other matters related thereto.
Body
Consideration and action with respect to "An Ordinance Of The City Council Of The City Of San Marcos, Texas, Authorizing The Issuance And Sale Of $8,700,000 Of Combination Tax And Revenue Certificates Of Obligation, Series 2021 For Constructing, Improving, Designing, Acquiring And Equipping The City's (1) Road And Street Projects, To Include A Railroad Overpass And Related Infrastructure On Yarrington Road; 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"
Meeting date: February 24, 2021
Department: Finance
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Fiscal Note:
Prior Council Action: December 15, 2020- Council provided authorization to publish notice of intent to issue certificates of obligation in the amount not to exceed $8.7M.
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