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AI- 21574
22.A.
CC REGULAR
Meeting Date:
06/15/2010
Submitted By:
Sergio Cruz, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

1.  Consider and approve order authorizing issuance, sale and delivery of Hidalgo County, Texas Certificates of Obligation, Series 2010A; 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 order authorizing issuance, sale and delivery of Hidalgo County, Texas Certificates of Obligation, Taxable Series 2010B (Build America Bonds – Direct Payment); 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.

BACKGROUND

Order to be provided by Bond Counsel at meeting.

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Erika Zamora 06/10/2010 10:39 AM
Auditor's Office lfong 06/11/2010 09:43 AM
Purchasing / Internal msalazar 06/11/2010 10:56 AM
Form Started By:
scruz
Started On:
06/09/2010 01:48 PM
Final Approval Date:
06/11/2010