Title:
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Ordinance by the City Council of the City of Corpus Christi, Texas authorizing the private placement issuance of its Utility System Senior Lien Revenue Improvement Bonds with the Texas Water Development Board in one or more series (as designated by purpose and series) for water, wastewater, and stormwater utility improvements in an amount not to exceed $10,000,000, within set parameters; making provisions for the payment and security thereof by a first and prior lien on and pledge of the net revenues of the City’s Utility System on a parity with certain currently outstanding Utility System Revenue Obligations; stipulating the terms and conditions for the issuance of additional revenue bonds on a parity therewith; prescribing the form, terms, conditions, and resolving other matters incident and related to the issuance, sale, and delivery of one or more series of bonds; appropriating the proceeds from the sale of the bonds; authorizing the execution of one or more paying agent/registrar ...
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