File #: 24-1377    Version: 1
Type: Staff Report Status: Passed
File created: 7/10/2024 In control: City Council
On agenda: 7/22/2024 Final action: 7/22/2024
Title: Consideration and Action on approving a Plan of Finance as presented by the City's Financial Advisor to include the issuance of Waterworks and Sewer System Revenue Bonds, Series 2024; Certificates of Obligations Series 2024A for Various Capital Improvements; and Certificates of Obligations Series 2024B generally for Road Improvements, Design and Engineering to be sold to TxDOT thru their State Infrastructure Bank program.

SUBJECT

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Consideration and Action on approving a Plan of Finance as presented by the City’s Financial Advisor to include the issuance of Waterworks and Sewer System Revenue Bonds, Series 2024; Certificates of Obligations Series 2024A for Various Capital Improvements; and Certificates of Obligations Series 2024B generally for Road Improvements, Design and Engineering to be sold to TxDOT thru their State Infrastructure Bank program.

 

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PREVIOUS COUNCIL ACTION

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BACKGROUND

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COMMITTEE RECOMMENDATION

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STAFF RECOMMENDATION

recommendation

Staff recommends the approval of the Plan of Finance.

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Fiscal Impact

 

Fiscal Year:                                                                                                          2024

Budgeted Y/N?:                                                                                    N/A

Source of Funds:                                                                                     N/A

Account #:                                                                                                          N/A

Change Order: Exceeds 25% Y/N:                      N/A

 

FINANCIAL IMPACT:

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