The City of Coppell
File #: 2023-7522    Version: 1 Name: CO Bonds, Series 2024
Type: Agenda Item Status: Passed
File created: 6/14/2024 In control: Finance
On agenda: 7/9/2024 Final action: 7/9/2024
Title: Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas, Combination Tax and Limited Surplus Revenue Certificates of Obligations, Series 2024; approving various documents related to such certificates of obligation; and authorizing the Mayor to sign.
Attachments: 1. Memo.pdf, 2. Ordinance.pdf, 3. Moodys Credit Opinion.pdf, 4. Moodys Rating Action.pdf, 5. S&P Rating Report.pdf, 6. S&P Rating Letter.pdf

Title

Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas, Combination Tax and Limited Surplus Revenue Certificates of Obligations, Series 2024; approving various documents related to such certificates of obligation; and authorizing the Mayor to sign. 

 

Summary

See attached memorandum.

 

Fiscal Impact:

The impact of this bond sale will be incorporated in the City’s Debt Service Fund.

 

Staff Recommendation:

The Strategic Financial Engagement Department recommends approval of this ordinance.

 

Strategic Pillar Icon:

 

Sustainable Government