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September 14, 2012 - City of Alton Ord. No. 2012-05-0814

ORDINANCE AUTHORIZING ISSUANCE, SALE AND DELIVERY OF CITY OF ALTON, TEXAS TAX INCREMENT REVENUE AND LIMITED TAX CERTIFICATES OF OBLIGATION, SERIES 2012; PAYABLE FROM THE LEVY OF A DIRECT AND CONTINUING ANNUAL AD VALOREM TAX WITHIN THE LIMITS PRESCRIBED BY LAW AND A PLEDGE OF THE GROSS REVENUES OF THE CITY'S TAX INCREMENT, REINVESTMENT ZONE NUMBER ONE, CITY OF ALTON; PRESCRIBING THE TERMS AND FORM THEREOF; PROVIDING FOR THE PAYMENT OF THE PRINCIPAL THEREOF AND INTEREST THEREON; AND MAKING OTHER PROVISIONS REGARDING SUCH CERTIFICATES AND MATTERS INCIDENT THERETO; RATIFICATION OF NOTICE FOR THIS MEETING AS AMENDED; AUTHORIZING AN INTERLOCAL FINANCING/USE AGREEMENT, WAIVING SECOND AND THIRD READING.

READ, APPROVED, AND PASSED on this the 14th day of August, 2012.

Salvador Vela, Mayor
ATTEST:  Baudelia Rojas CPM, City Secretary

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CoverageAreaThe Progress Times is the hometown newspaper for the local communities of Mission, Sharyland, Alton, Palmview, La Joya and surrounding areas in Western Hidalgo County. We have a staff of veteran reporters who work diligently every week to bring our readers the latest news as it affects their hometown area and people.

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