File #: 18-3417    Version: 1 Name: Ordinance - Certificates of Obligation 2018
Type: Agenda Item Status: Passed
File created: 4/19/2018 In control: City Council
On agenda: 5/7/2018 Final action: 5/7/2018
Title: An ordinance of the City of Mesquite, Texas, authorizing the issuance and sale of City of Mesquite, Texas, Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2018; levying a tax in payment thereof; prescribing the form of said certificates; approving a purchase agreement; approving the official statement; approving and enacting other provisions relating thereto.
Attachments: 1. Ordinance - Combination Tax

Title

An ordinance of the City of Mesquite, Texas, authorizing the issuance and sale of City of Mesquite, Texas, Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2018; levying a tax in payment thereof; prescribing the form of said certificates; approving a purchase agreement; approving the official statement; approving and enacting other provisions relating thereto.

 

Body

The attached ordinance authorizes the issuance and sale of bonds for Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2018. The ordinance reflects the preliminary dollar values and exact amounts will be known after the bond sale closes on May 3.

 

Recommended/Desired Action

Staff recommends approval of the ordinance.

 

Attachment(s)

Ordinance

 

Drafter

Debbie Mol

 

Head of Department

Debbie Mol