The City of Coppell
Share to Facebook Share to Twitter Bookmark and Share
File #: 2021-5647    Version: 1 Name: CO Bonds, 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, Combination Tax and Limited Surplus Revenue Certificates of Obligations, Series 2021; approving various documents related to such certificates of obligation; and authorizing the Mayor to sign.
Attachments: 1. CO Series 2021 Memo to Council.pdf, 2. Coppell CO 2021--ordinance (v.1).pdf, 3. Rating Action - Moodys-assigns-Aaa-to-City-of-Coppell.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, Combination Tax and Limited Surplus Revenue Certificates of Obligations, Series 2021; approving various documents related to such certificates of obligation; and authorizing the Mayor to sign. 

 

Summary

See attached memorandum.

 

Fiscal Impact:

The impact of this bond sale will be incorporated in the City’s Debt Service Fund.

 

Staff Recommendation:

The Finance Department recommends approval of this ordinance.

 

Strategic Pillar Icon:

 

Sustainable Government