File #: 21-229    Version: 2 Name:
Type: Ordinances Status: Agenda Ready
File created: 2/18/2021 In control: City Council
On agenda: 3/2/2021 Final action:
Title: An Ordinance authorizing the issuance of "City of El Paso, Texas, Municipal Drainage Utility System Revenue Refunding Bonds, Taxable Series 2021" to refund certain previously issued obligations of the City; and resolving matters which are necessary to effect such issuance, including the delegation of matters relating to the sale and issuance of the bonds to an authorized City officer or employee within certain specified parameters.
Attachments: 1. 03022138 EL PASO WATER BONDS MDUSRR SERIES 2021, 2. Item 38 and 39 PSB - 2021 Drainage System Rev Ref Bonds Presentation++3.2.21 City Council

CITY OF EL PASO, TEXAS

AGENDA ITEM SUMMARY FORM

 

Details

All Districts

El Paso Water, Marcela Navarrete, (915) 594-5614

End

 

public hearing date: Click or tap to enter a date.

 

strategic goal:

Choose an item.

 

subgoal: Choose an item.

 

SUBJECT:

APPROVE a Resolution / Ordinance / lease to do what?  OR AUTHORIZE the City Manager to do what?  Be descriptive of what we want Council to approve.  Include $ amount if applicable.

Title

An Ordinance authorizing the issuance of “City of El Paso, Texas, Municipal Drainage Utility System Revenue Refunding Bonds, Taxable Series 2021” to refund certain previously issued obligations of the City; and resolving matters which are necessary to effect such issuance, including the delegation of matters relating to the sale and issuance of the bonds to an authorized City officer or employee within certain specified parameters.

End

Background / DISCUSSION:

Discussion of the what, why, where, when, and how to enable Council to have reasonably complete description of he contemplated action.  This should include attachment of bid tabulation, or ordinance or resolution if appropriate.  What are the benefits to the City of this action?  What are the citizen concerns?

Click or tap here to enter text.

 

PRIOR COUNCIL ACTION:

Has the Council previously considered this item or a closely related one?

Click or tap here to enter text.

 

AMOUNT AND SOURCE OF FUNDING:

How will this item be funded?  Has the item been budgeted?  If so, identify funding source by amount numbers and description of account.  Does it require a budget transfer?

Click or tap here to enter text.

 

 

 

 

********************REQUIRED AUTHORIZATION********************

 

Department Head:

If Agenda Item Summary Form is initiated by Purchasing, client department should sign also