Item 16: Combination Tax and Revenue Certificates of Obligation

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COSM_Admin

Administrator
Staff member
Consider approval of Ordinance 2024-18, on the first and final reading, authorizing the issuance and sale of an amount not to exceed $31,100,000.00 of Combination Tax and Revenue Certificates of Obligation, Series 2024, levying an ad valorem tax and pledging certain surplus revenues in support of the certificates; approving an official statement, a paying agent/registrar agreement for improving, constructing, equipping, acquiring, or designing the city's: water and waste water system, including technology improvements; streets; sidewalks; public safety facilities, including fire station improvements; stormwater management for flood control and drainage; electric utility system; and the payment of professional services in connection therewith including legal, fiscal and engineering fees and the costs of issuing the certificates of obligation and other matters related thereto; and providing for the approval of this Ordinance 2024-18, on one reading as authorized by state law.
 
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