File #: Ord. 2023-42    Version: 1 Name:
Type: Ordinance Status: Individual Consideration
File created: 5/1/2023 In control: City Council
On agenda: 5/16/2023 Final action:
Title: Consider approval of Ordinance 2023-42, on first and final reading, authorizing the issuance and sale of an amount not to exceed $1,120,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation, Series 2023 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 2023-42, on one reading only in accordance with State Law.
Attachments: 1. Ordinance 2023-330 ($1,120,000), 2. Escrow Agreement(TWDB), 3. PAR Agreement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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AGENDA CAPTION:
Title
Consider approval of Ordinance 2023-42, on first and final reading, authorizing the issuance and sale of an amount not to exceed $1,120,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation, Series 2023 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 2023-42, 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: April 19, 2022, Resolution 2022-75R approving an application to be submitted to the Texas Water Development Board seeking financial assistance for the Castle Forest drainage improvement project. March 7, 2023, Resolution 2023-50R approving the publication of the notice of Intention to Issue Certificates of Obligation for the Castle Forest drainage improvement project.

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Master Plan: [Drainage and flood control improvements]
Stormwater Master Plan


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