City of Coppell, Texas - File #: 2013-1156

• File #: 2013-1156
• Version: 1
• Name: Comb. Tax and Limited Surplus Revenue Certificates
• Type: Ordinance
• Status: Passed
• File created: 7/1/2013
• In control: Finance
• On agenda: 7/9/2013
• Final action: 7/9/2013
• Title: Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2013; levying an annual ad valorem tax and providing for the payment of said certificates; approving an official statement; providing an effective date; enacting other provisions relating to the subject, and authorizing the Mayor to sign.

Date	Ver.	Action By	Action	Result
7/9/2013	1	City Council	Approved	Pass

Title

Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2013; levying an annual ad valorem tax and providing for the payment of said certificates; approving an official statement; providing an effective date; enacting other provisions relating to the subject, and authorizing the Mayor to sign.

Summary

See attached memorandum.

Fiscal Impact:

The impact of this bond sale will be incorporated in the Debt Service Tax Rate.

Staff Recommendation:

The Finance Department recommends approval

Goal Icon:

Sustainable City Government