The City of Coppell
File #: 2017-3238    Version: 1 Name: 2017 Reimbursement Resolution
Type: Resolution Status: Passed
File created: 2/17/2017 In control: Finance
On agenda: 2/28/2017 Final action: 2/28/2017
Title: Consider approval of a Resolution expressing official intent to reimburse expenses associated with constructing, installing and equipping improvements, additions and extensions to the City's water and sewer system and for constructing, improving and equipping municipal exhibition and museum facilities, including a new Arts Center, prior to the issuance of bonds, and authorizing the Mayor to sign.
Attachments: 1. Memo Reimbursement Resolution.pdf, 2. Reimbursement Resolution.pdf

Title

Consider approval of a Resolution expressing official intent to reimburse expenses associated with constructing, installing and equipping improvements, additions and extensions to the City’s water and sewer system and for constructing, improving and equipping municipal exhibition and museum facilities, including a new Arts Center, prior to the issuance of bonds, and authorizing the Mayor to sign.

 

Summary

See attached memorandum.

 

Fiscal Impact:

Funds will be provided by the CRDC and the Water and Sewer Fund prior to the issuance of the bonds.

 

Staff Recommendation:

The Finance Department recommends approval of the Resolution.

 

Goal Icon:

Sustainable City Government