The City of Coppell
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File #: 2021-5646    Version: 1 Name: GO Refunding, Series 2021
Type: Agenda Item Status: Passed
File created: 4/20/2021 In control: Finance
On agenda: 4/27/2021 Final action: 4/27/2021
Title: Consider approval of an Ordinance authorizing the issuance and sale of "City of Coppell, Texas, General Obligation Refunding Bonds, Series 2021" and approving various documents related to such bonds, and authorizing the Mayor to sign.
Attachments: 1. GO refunding Series 2021 Memo to Council.pdf, 2. Coppell GO Ref 2021--Bond Ordinance (v.1).pdf, 3. Rating Action - Moodys-assigns-Aaa-to-City-of-Coppell-TXs-GO.pdf, 4. Credit Opinion - Coppell (City of) TX.pdf, 5. RatingsDirect_SummaryCoppellTexasGeneralObligation.pdf

Title

Consider approval of an Ordinance authorizing the issuance and sale of “City of Coppell, Texas, General Obligation Refunding Bonds, Series 2021” and approving various documents related to such bonds, 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 Fund.

 

Staff Recommendation:

The Finance Department recommends approval of this ordinance.

 

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Sustainable Government