AI - 100586
9.A.
DD-REGULAR AGENDA SPECIAL MTG
- Meeting Date:
- 09/02/2025
- Submitted For:
- Raul Sesin
- Submitted By:
- Lora Briones
- Department:
- DRAINAGE DISTRICT
Information
CAPTION
1. Consider and approve an order authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Improvement Bonds, Series 2025 under the provisions of Chapter 1371 et. Seq., Texas Government Code; payable from the levy of a direct and continuing unlimited annual ad valorem tax pursuant to the provisions of Chapter 56, Texas Water Code; setting certain parameters for the bonds; authorizing a pricing officer to approve the amount, the interest rates, price, redemption provisions and terms thereof and certain other procedures and provisions related thereto; authorizing the use of an official statement to be used in connection with the sale of the bonds; and making other provisions regarding such bonds and matters incident thereto.
2. Consider and approve an order authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Improvement Bonds, Taxable Series 2025 under the provisions of Chapter 1371 et. Seq., Texas Government Code; payable from the levy of a direct and continuing unlimited annual ad valorem tax pursuant to the provisions of Chapter 56, Texas Water Code; setting certain parameters for the bonds; authorizing a pricing officer to approve the amount, the interest rates, price, redemption provisions and terms thereof and certain other procedures and provisions related thereto; authorizing the use of an official statement to be used in connection with the sale of the bonds; and making other provisions regarding such bonds and matters incident thereto.
3. Consider and approve an order authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Refunding Bonds, Series 2025; delegating certain authority to a Pricing 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; setting certain parameters for the bonds; authorizing a pricing officer to approve the amount, the interest rates, price, redemption provisions and terms thereof and certain other procedures and provisions related thereto; authorizing the use of an official statement to be used in connection with the sale of the bonds, the refunding of certain outstanding obligations and the execution of an Escrow Agreement; and making other provisions regarding such bonds and matters incident thereto.”
2. Consider and approve an order authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Improvement Bonds, Taxable Series 2025 under the provisions of Chapter 1371 et. Seq., Texas Government Code; payable from the levy of a direct and continuing unlimited annual ad valorem tax pursuant to the provisions of Chapter 56, Texas Water Code; setting certain parameters for the bonds; authorizing a pricing officer to approve the amount, the interest rates, price, redemption provisions and terms thereof and certain other procedures and provisions related thereto; authorizing the use of an official statement to be used in connection with the sale of the bonds; and making other provisions regarding such bonds and matters incident thereto.
3. Consider and approve an order authorizing issuance, sale and delivery of Hidalgo County Drainage District No. 1 Unlimited Tax Refunding Bonds, Series 2025; delegating certain authority to a Pricing 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; setting certain parameters for the bonds; authorizing a pricing officer to approve the amount, the interest rates, price, redemption provisions and terms thereof and certain other procedures and provisions related thereto; authorizing the use of an official statement to be used in connection with the sale of the bonds, the refunding of certain outstanding obligations and the execution of an Escrow Agreement; and making other provisions regarding such bonds and matters incident thereto.”
BACKGROUND
Fiscal Impact
Attachments
- Taxable Series 2025
- Tax Exempt Series 2025
- Refunding Bond Order
- Refunding Bond Order - Executed
- Tax Improvement Bonds, Series 2025 - Executed
- Taxable Series 2025 - Executed
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Final Approval | Nora Cavazos | 08/26/2025 03:56 PM |
- Form Started By:
- Lora Briones
- Started On:
- 08/25/2025 01:21 PM
- Final Approval Date:
- 08/26/2025