Ord 13-47
Ord 13-47
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 09/19/2018
- Title:
- Ordinance Issuing 2018 Certificates of Obligation
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
Information
ACTION REQUEST (Brief Summary)
Adopt an Ordinance authorizing the issuance of the City of Texas City, Certificates of Obligation, Series 2018. (Finance)
BACKGROUND
The Certificates of Obligations are to be used for all or any part of the costs associated with construction and rehabilitation of City water and sewer systems. The amount , interest rates, and who the Certificates will be awarded to will not be known until the date of the commission meeting. This information will be provided at the City Commission meeting that evening.