AGENDA CAPTION:
Title
Consider approval of Ordinance 2022-53, on first and final reading, authorizing the issuance and sale of an amount not to exceed $1,200,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation, Series 2022A, for (1) planning, acquisition, design and construction of certain drainage and flood control improvements and 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 Ordinance 2022-53, on one reading only in accordance with State Law.
Body
Meeting date: July 5, 2022
Department: Finance- Anna Miranda, Interim Director of Finance
Amount & Source of Funding
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Fiscal Note:
Prior Council Action: June 7, 2022 - Council provided authorization to publish notice of intent and direction to proceed with issuance of Certificates of Obligation in the amount not to exceed $1,200,000.
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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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...
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