File #: 13-000488    Version: Name:
Type: Ordinance Status: Passed
File created: 5/20/2013 In control: City Council
On agenda: 5/28/2013 Final action: 6/11/2013
Title: Second Reading Ordinance - Authorizing the issuance of General Improvement Bonds to finance Bond 2012 Projects (1st Reading 5/28/13) Ordinance authorizing the issuance of "City of Corpus Christi, Texas General Improvement Bonds, Series 2013" in an amount not to exceed $88,010,000, levying an annual ad valorem tax, within the limitations prescribed by law, for the payment of the bonds; prescribing the form, terms, conditions, and resolving other matters incident and related to the issuance, sale, and delivery of the bonds; including the approval and distribution of an official statement pertaining thereto; authorizing the execution of a paying agent/registrar agreement and a purchase contract; complying with the requirements imposed by the letter of representations previously executed with the depository trust company; delegating the authority to the Mayor and certain members of the City staff to execute certain documents relating to the sale of the bonds; and providing an effective d...
Sponsors: Finance & Procurement
Attachments: 1. Agenda Memo - Issuance of Bond 2012 GO Bonds_5-28-13.pdf, 2. Exhibit A - Financial Advisor Fee Schedule.pdf, 3. Ordinance - Corpus Christi for Bond 2012 GI Bonds.pdf
Related files: 13-000487
Title
Second Reading Ordinance - Authorizing the issuance of General Improvement Bonds to finance Bond 2012 Projects (1st Reading 5/28/13)
Ordinance authorizing the issuance of "City of Corpus Christi, Texas General Improvement Bonds, Series 2013" in an amount not to exceed $88,010,000, levying an annual ad valorem tax, within the limitations prescribed by law, for the payment of the bonds; prescribing the form, terms, conditions, and resolving other matters incident and related to the issuance, sale, and delivery of the bonds; including the approval and distribution of an official statement pertaining thereto; authorizing the execution of a paying agent/registrar agreement and a purchase contract; complying with the requirements imposed by the letter of representations previously executed with the depository trust company; delegating the authority to the Mayor and certain members of the City staff to execute certain documents relating to the sale of the bonds; and providing an effective date.