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AI- 70375
Budget and Management   26.C.
CC - REGULAR
Other
Meeting Date:
05/21/2019
Submitted For:
Sergio Cruz
Submitted By:
Merlen P. Munoz, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

1. Consider and approve an order authorizing issuance, sale and delivery Hidalgo County, Texas Certificates of Obligation, Series 2019A; payable from the levy of a direct and continuing annual ad valorem tax within the limits prescribed by law and a limited pledge (never to exceed $1000) from the surplus net revenues from the operation of the County’s parks as authorized pursuant to chapter 320, local government code; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; authorizing the use of an official statement to be used in connection with the sale of the certificates; and making other provisions regarding such certificates and matters incident thereto.

2. Consider and approve an order authorizing the issuance, sale and delivery of Hidalgo County, Texas Limited Tax Refunding Bonds, Series 2019B; pursuant to the provisions of Texas Government Code, Sections 1207.007 and 1207.008; levying a continuing direct annual ad valorem tax; authorizing the refunding of certain outstanding obligations; authorizing the execution of a bond purchase contract; approving an official statement, and making other provisions regarding such bonds and matters incident thereto.

BACKGROUND


Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Merlen P. Munoz mmunoz 05/15/2019 09:11 AM
Budget and Management Veronica Ortiz 05/15/2019 01:00 PM
Final Approval Monica Salinas 05/17/2019 06:36 PM
Form Started By:
mmunoz
Started On:
05/14/2019 11:24 AM
Final Approval Date:
05/17/2019