File #: 20-0980    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/6/2020 In control: City Council
On agenda: 8/18/2020 Final action: 8/25/2020
Title: Resolution authorizing the execution and approval of a Financing Agreement between the City of Corpus Christi and the Texas Water Development Board (TWDB) related to the City’s issuance, sale, and delivery of City Utility System Junior Lien Revenue Improvement Bonds in an amount not to exceed $11,425,000 to the TWDB with proceeds of said bonds to be used for a city desalination project and other matters in connection therewith.
Sponsors: Finance & Procurement
Attachments: 1. Agenda Memo-Resolution approving a Financial Agreement with TWDB for the SWIFT Loan - 08172020, 2. Resolution - Finance TX Water Dev Board Doc Package Final2, 3. SWIFT Loan 2 - Invitation from TWDB, 4. City of Corpus Christi 51052-SWIFT Board Action Letter-resolution 7-29-2020, 5. Agreement - Finance TX Water Dev Board Financing Agmt vFinal 20200820

Title

Resolution authorizing the execution and approval of a Financing Agreement between the City of Corpus Christi and the Texas Water Development Board (TWDB) related to the City’s issuance, sale, and delivery of City Utility System Junior Lien Revenue Improvement Bonds in an amount not to exceed $11,425,000 to the TWDB with proceeds of said bonds to be used for a city desalination project and other matters in connection therewith.