The City of Coppell
File #: 2016-2895    Version: 1 Name: Issuance of GO Refunding Bonds, Series 2016
Type: Ordinance Status: Passed
File created: 7/18/2016 In control: Finance
On agenda: 7/26/2016 Final action: 7/26/2016
Title: Consider and take action to adopt an Ordinance authorizing the issuance and sale of City of Coppell, Texas General Obligation Refunding Bonds, Series 2016; levying an annual ad valorem tax and providing for the payment of said bonds; approving an official statement; providing an effective date; and enacting other provisions relating to the subject; and authorizing the Mayor to sign.
Attachments: 1. Council Packet Memo.pdf, 2. Ordinance.pdf

Title

Consider and take action to adopt an Ordinance authorizing the issuance and sale of City of Coppell, Texas General Obligation Refunding Bonds, Series 2016; levying an annual ad valorem tax and providing for the payment of said bonds; approving an official statement; providing an effective date; and enacting other provisions relating to the subject; and authorizing the Mayor to sign.

 

Summary

See attached memo

 

Fiscal Impact:

The impact of the bond refunding will be incorporated in the City’s Debt Service Tax Rate.

 

Staff Recommendation:

The Finance Department recommends approval of this Ordinance

 

Goal Icon:

Sustainable City Government