File #: 23-607    Version: 1 Name:
Type: Ordinances Status: Second Reading
File created: 5/1/2023 In control: City Council
On agenda: 5/9/2023 Final action:
Title: An Ordinance establishing a municipal drainage utility system extendable commercial paper program and authorizing the issuance of program obligations in an aggregate principal amount not to exceed $60,000,000 outstanding at any one time, prescribing the terms, features and characteristics of such obligations; making certain covenants and agreements in connection therewith; providing for the payment of the obligations; resolving other matters related thereto, including approval of a dealer agreement and issuing and paying agent agreement; and providing an effective date.
Attachments: 1. EP Water Ordinance Extendable Commercial Paper Program, 2. CC 40 41 - PSB Extendable Commercial Paper Program Presentation.pptx, 3. EL PASO MDUS ECP 2023 - Change Page to Ordinance -- Item 40, 4. 5-9-23 FULLY EXECUTED - 019486 ORDINANCE MUNICIPAL DRAINAGE UTILITY SYSTEM EXTENDABLE COMMERCIAL PAPER PROGRAM
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CITY OF EL PASO, TEXAS

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El Paso Water, Arturo Duran, (915) 594-5549

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Title

An Ordinance establishing a municipal drainage utility system extendable commercial paper program and authorizing the issuance of program obligations in an aggregate principal amount not to exceed $60,000,000 outstanding at any one time, prescribing the terms, features and characteristics of such obligations; making certain covenants and agreements in connection therewith; providing for the payment of the obligations; resolving other matters related thereto, including approval of a dealer agreement and issuing and paying agent agreement; and providing an effective date.

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