AI - 36904
7.
DRAINAGE DISTRICT
- Meeting Date:
- 02/12/2013
- Submitted For:
- Godfrey Garza Jr.
- Submitted By:
- Lora Briones, DRAINAGE DISTRICT
- Department:
- DRAINAGE DISTRICT
Information
CAPTION
Pursuant to the Resolution adopted on September 4, 2012 identifying the exclusive projects that may be undertaken with the use of Bond Proceeds, and whereas a designation was made that $15 million be used for Rural Drainage Development and $10 million be used for System Acquisition:
A. Discussion and Action to allocate the $15 million for Rural Drainage Development equally to each precinct. Each precinct would be allocated $3,750,000 upon the issuance of bonds and receipt of proceeds for the purpose of Rural Drainage Development in their respective areas.
B. Discussion, direction and action to define projects and equipment the District will acquire with the $10 million designated for System Acquisition on the Bond Resolution for the 2013 issuance of bonds.
A. Discussion and Action to allocate the $15 million for Rural Drainage Development equally to each precinct. Each precinct would be allocated $3,750,000 upon the issuance of bonds and receipt of proceeds for the purpose of Rural Drainage Development in their respective areas.
B. Discussion, direction and action to define projects and equipment the District will acquire with the $10 million designated for System Acquisition on the Bond Resolution for the 2013 issuance of bonds.
BACKGROUND
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Obdett Calzada | 02/08/2013 03:15 PM |
| Final Approval | Alejandro Garcia | 02/08/2013 03:44 PM |
- Form Started By:
- Lora Briones
- Started On:
- 02/08/2013 11:38 AM
- Final Approval Date:
- 02/08/2013