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Title:
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An Ordinance by the City Council of the City of Corpus Christi, Texas authorizing the issuance of “City of Corpus Christi, Texas General Improvement Bonds, Series 2026”, for the third issuance of bonds from the Bond 2022 authorization and the first issuance of bonds from the Bond 2024 authorization, in a cumulative amount not to exceed $115,000,000, within set parameters; levying a continuing direct annual ad valorem tax for the payment of the Bonds; delegating the authority to the City Manager, Deputy City Manager, 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; authorizing the execution of related engagement agreements with the City’s Financial Advisors and Bond Counsel; and providing for an effective date.
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