The City of Coppell
File #: 2022-6196    Version: 1 Name: Reimbursement Resolution
Type: Agenda Item Status: Passed
File created: 3/18/2022 In control: Finance
On agenda: 4/12/2022 Final action: 4/12/2022
Title: Consider approval of a Resolution expressing official intent to reimburse expenses associated with City facilities, street improvements, including related drainage, signalization, landscaping, sidewalks, lighting and signage, streetscape improvements and land acquisition; and acquiring, constructing, installing and equipping additions, improvements, extensions and equipment for the City's waterworks and sewer system prior to the issuance of bonds; and authorizing the Mayor to sign.
Attachments: 1. Reimbursement Resolution Memo.pdf, 2. Reimbursement Resolution.pdf

Title

Consider approval of a Resolution expressing official intent to reimburse expenses associated with City facilities, street improvements, including related drainage, signalization, landscaping, sidewalks, lighting and signage, streetscape improvements and land acquisition; and acquiring, constructing, installing and equipping additions, improvements, extensions and equipment for the City's waterworks and sewer system prior to the issuance of bonds; and authorizing the Mayor to sign.

 

Summary

See attached memorandum.

 

Fiscal Impact:

Funds will be provided by the General Fund Undesignated Fund Balance or the Water Sewer Fund Undesignated Retained Earnings prior to the issuance of the bonds.

 

Staff Recommendation:

The Finance Department recommends approval of  the Resolution.

 

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