City of Sequin header
File #: 17-055    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 2/2/2017 In control: City Council
On agenda: 2/21/2017 Final action: 2/21/2017
Title: Ordinance by the City Council of the City of Seguin, Texas authorizing the Issuance of "City of Seguin, Texas Utility System Revenue Bonds, Series 2017"; providing for the payment of the principal of and interest on the bonds, together with certain currently outstanding obligations, by a first and prior lien on and pledge of the net revenues of the system; providing the terms and conditions of such bonds and resolving other matters incident and relating to the issuance, payment, security, sale, and delivery of such bonds, including the approval and distribution of an official statement; authorizing the execution of a Paying Agent/Registrar Agreement and an Official Bid Form; complying with the requirements of the Depository Trust Company's Letter of Representations; and providing for an effective date - Duane Westerman, SAMCO Capital Markets
Attachments: 1. CC Memo.02212017, 2. Seguin Agenda Letter (9), 3. Seguin Ordinance (5)

Title

Ordinance by the City Council of the City of Seguin, Texas authorizing the Issuance of "City of Seguin, Texas Utility System Revenue Bonds, Series 2017"; providing for the payment of the principal of and interest on the bonds, together with certain currently outstanding obligations, by a first and prior lien on and pledge of the net revenues of the system; providing the terms and conditions of such bonds and resolving other matters incident and relating to the issuance, payment, security, sale, and delivery of such bonds, including the approval and distribution of an official statement; authorizing the execution of a Paying Agent/Registrar Agreement and an Official Bid Form; complying with the requirements of the Depository Trust Company's Letter of Representations; and providing for an effective date - Duane Westerman, SAMCO Capital Markets