AGENDA CAPTION:
Title
Consider approval of Ordinance 2023-41, on first and final reading, authorizing the issuance and sale of an amount not to exceed $4,060,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation, Series 2023A for (1) planning, acquisition, design and construction of certain drainage and flood control improvements; 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 2023-41, on one reading only in accordance with State Law.
Body
Meeting date: May 16, 2023
Department: Engineering/CIP and Finance
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: August 2, 2022, City Council approved Resolution 2022-172R that authorized the filing of an application with the Texas Water Development Board seeking financial assistance for the Wallace Offsite drainage improvement project. March 7, 2023, City Council approved Resolution 2023-49R authorizing the publication of the notice of intention to issue certificates of obligation for the Wallace Offsite drainage improvement project.
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Master Plan: Drainage and flood co...
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