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Title:
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Ordinance authorizing the issuance of “City of Corpus Christi, Texas, General Improvement Bonds, Series 2023” for improvements to streets and parks and recreation facilities in an amount not to exceed $35,750,000 within set parameters and according to the plan of finance set by the City’s financial advisors; levying a continuing direct annual ad valorem tax for the payment of the bonds; delegating authority to the City Manager, Chief Financial Officer, Director of Finance and Procurement to execute documents relating to the sale of the bonds; enacting other provisions incident and related thereto; and providing for an effective date.
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