The City of Coppell
File #: 2015-2070    Version: 1 Name: 2015 Bond Refunding
Type: Agenda Item Status: Passed
File created: 3/12/2015 In control: City Council
On agenda: 3/24/2015 Final action: 3/24/2015
Title: Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas General Obligation Refunding Bonds, Series 2015; levying an annual ad valorem tax and providing for the payment of said bonds; approving an official statement; providing an effective date; enacting other provisions relating to the subject, and authorizing the Mayor to sign.
Attachments: 1. Memo 2015 Bond Refunding.pdf, 2. 2015 GOR Ordin 3-24.pdf
Title
Consider approval of an Ordinance authorizing the issuance and sale of City of Coppell, Texas General Obligation Refunding Bonds, Series 2015; levying an annual ad valorem tax and providing for the payment of said bonds; 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 the bond refunding will be incorporated in the City's debt service tax rate for future years.
 
Staff Recommendation:
The Finance Department recommends approval.
 
Goal Icon:
Sustainable City Government