Title:
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One-reading Ordinance authorizing the issuance of Utility System Revenue Improvement Bonds, New Series 2022A in an amount not to exceed $3,561,000; providing for payment and security, by a junior and inferior lien on and pledge of the net revenues of the City’s utility system on parity with certain currently outstanding utility system revenue obligation; stipulating terms and conditions for additional revenue bonds on a parity therewith; enacting other provisions, incident and related to the subject and purpose of this ordinance: and complying with Texas Water Development Board regulations; for planning and design of the Oso Creek Channel Bottom and Green Infrastructure project; and declaring an effective date.
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