City of Boerne, TX
File #: 2017-622    Version: 1 Name:
Type: Ordinance Status: Agenda Ready
File created: 8/4/2017 In control: City Council
On agenda: 8/8/2017 Final action:
Title: CONSIDER ORDINANCE NO. 2017-70; AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF BOERNE, TEXAS AUTHORIZING THE ISSUANCE OF “CITY OF BOERNE, TEXAS TAX NOTES, SERIES 2017”; LEVYING AN ANNUAL AD VALOREM TAX, WITHIN THE LIMITATIONS PRESCRIBED BY LAW, FOR THE PAYMENT OF THE OBLIGATIONS RELATED TO THE CITY HALL COMPLEX, STREET CONSTRUCTION, STREET AND DRAINAGE IMPROVEMENT PROJECTS, AND INCIDENTAL COSTS RELATED THERETO; PRESCRIBING THE FORM, TERMS, CONDITIONS, AND RESOLVING OTHER MATTERS INCIDENT AND RELATED TO THE ISSUANCE, SALE, AND DELIVERY OF THE OBLIGATIONS, INCLUDING THE APPROVAL AND DISTRIBUTION OF AN OFFICIAL STATEMENT PERTAINING THERETO; AUTHORIZING THE EXECUTION OF A PAYING AGENT/REGISTRAR AGREEMENT AND AN OFFICIAL BID FORM; COMPLYING WITH THE LETTER OF REPRESENTATIONS ON FILE WITH THE DEPOSITORY TRUST COMPANY; AND PROVIDING AN EFFECTIVE DATE.
Sponsors: Sandy Mattick
Attachments: 1. AIS - Tax Notes, Series 2017 - Ordinance to Authorize Issuance, 2. 2017-70, 3. Boerne Tax Notes Report from Moody's

Title

CONSIDER ORDINANCE NO. 2017-70; AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF BOERNE, TEXAS AUTHORIZING THE ISSUANCE OF “CITY OF BOERNE, TEXAS TAX NOTES, SERIES 2017”; LEVYING AN ANNUAL AD VALOREM TAX, WITHIN THE LIMITATIONS PRESCRIBED BY LAW, FOR THE PAYMENT OF THE OBLIGATIONS RELATED TO THE CITY HALL COMPLEX, STREET CONSTRUCTION, STREET AND DRAINAGE IMPROVEMENT PROJECTS, AND INCIDENTAL COSTS RELATED THERETO; PRESCRIBING THE FORM, TERMS, CONDITIONS, AND RESOLVING OTHER MATTERS INCIDENT AND RELATED TO THE ISSUANCE, SALE, AND DELIVERY OF THE OBLIGATIONS, INCLUDING THE APPROVAL AND DISTRIBUTION OF AN OFFICIAL STATEMENT PERTAINING THERETO; AUTHORIZING THE EXECUTION OF A PAYING AGENT/REGISTRAR AGREEMENT AND AN OFFICIAL BID FORM; COMPLYING WITH THE LETTER OF REPRESENTATIONS ON FILE WITH THE DEPOSITORY TRUST COMPANY; AND PROVIDING AN EFFECTIVE DATE.

 

Recommendation

RECOMMENDED VERBIAGE FOR CITY COUNCIL ACTION:

That The City Council Adopt An Ordinance Authorizing The Issuance Of “City Of Boerne, Texas Tax Notes, Series 2017”

 

Body