AI - 52635
13.
DRAINAGE DISTRICT
- Meeting Date:
- 12/15/2015
- Submitted For:
- Lora Briones
- Submitted By:
- Alvaro Chuc, DRAINAGE DISTRICT
- Department:
- DRAINAGE DISTRICT
Information
CAPTION
A. Presentation by Hidalgo County Drainage District No. 1 Financial Advisor; Estrada and Hinojosa with respect to the issuance, sale and delivery of Hidalgo County Drainage District No.1 Unlimited Tax Refunding Bonds, Series 2016.
B. "Consider and approve a resolution authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Refunding Bonds; Series 2016; delegating certain authority to the County Judge and the Financial Officer of the District pursuant to the provisions of Texas Government Code, Sections 1207.007 and 1207.008; payable from the levy of a direct and continuing unlimited annual ad valorem tax pursuant to the provisions of Chapter 56, Texas Water Code; authorizing the refunding of certain outstanding obligations; authorizing the execution of a bond purchase contract; approving an official statement, execution of an escrow and trust agreement, and making other provisions regarding such bonds and matters incident thereto."
B. "Consider and approve a resolution authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Refunding Bonds; Series 2016; delegating certain authority to the County Judge and the Financial Officer of the District pursuant to the provisions of Texas Government Code, Sections 1207.007 and 1207.008; payable from the levy of a direct and continuing unlimited annual ad valorem tax pursuant to the provisions of Chapter 56, Texas Water Code; authorizing the refunding of certain outstanding obligations; authorizing the execution of a bond purchase contract; approving an official statement, execution of an escrow and trust agreement, and making other provisions regarding such bonds and matters incident thereto."
BACKGROUND
David G. Gordon, Managing Director will present.
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Veronica Ortiz | 12/11/2015 08:22 AM |
| Final Approval | Monica Salinas | 12/11/2015 05:41 PM |
- Form Started By:
- Alvaro Chuc
- Started On:
- 12/10/2015 03:37 PM
- Final Approval Date:
- 12/11/2015