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GARLAND
CITY COUNCIL ITEM SUMMARY SHEET
Agenda Item 9.
City Council Regular Session Agenda
Meeting Date:
01/17/2023
Item Title:
Optional Redemption of Tax Notes
Submitted By:
Matt Watson
Summary of Request/Problem
When Council approved the issuance of $36,980,000 Tax Notes, Series 2022 on September 9, 2022, it was contemplated that the City would exercise the call provision to redeem the notes prior to the scheduled maturity date of November 15, 2023. Staff requests Council consider approving a resolution to redeem the Tax Notes, Series 2022 as contemplated.
Recommendation/Action Requested and Justification
Approve a resolution to call $36,980,000 of Tax Notes, Series 2022.
Attachments
Resolution
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