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Title:
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Consideration and approval of an ordinance authorizing the issuance of “City of Corpus Christi, Texas, General Improvement and/or Refunding Bonds, Series 2025”, for the second issuance of bonds from the Bond 2022 authorization for projects approved by the voters in November 2022 in an amount not to exceed $30,000,000 and or refinancings in an amount not to exceed $35,785,000 for the refunding, within set parameters and according to the plan of finance set by the City’s financial advisors; levying a continuing direct annual ad valorem tax for the payment of the bonds; delegating authority to the City Manager, Assistant City Manager over Finance, Director of Finance and Procurement , and certain other authorized officials to approve and execute documents relating to the issuance, sale, and delivery of the bonds; enacting other provisions incident and related thereto; and providing for an effective date.
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