Title
Consider adoption of a Resolution directing publication of notice of intention to issue Certificates of Obligation in the amount of $11,800,000, in order to construct and improve Freeport Parkway, design Belt Line Road, construct and install water drainage improvements on City-owned land, pay issuance costs and resolving other matters relating to the subject; and authorizing the Mayor to sign.
Summary
See attached memorandum
Fiscal Impact:
Over the life of the bonds, the debt service for these bonds will be incorporated into the debt portion of the tax rate.
Staff Recommendation:
The Finance Department recommends approval.
Goal Icon:
Sustainable City Government
Excellent and Well-Maintained City Infrastructure
Financial Resources to Support City Services
Special Place to Live
Effective Mobility within Coppell