October 26, 2018 – City of Mission Ordinance No. 4709

ORDINANCE NO. 4709

ORDINANCE AUTHORIZING ISSUANCE, SALE AND DELIVERY OF CITY OF MISSION, TEXAS COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 2018; PAYABLE FROM THE LEVY OF A DIRECT AND CONTINUING ANNUAL AD VALOREM TAX WITHIN THE LIMITS PRESCRIBED BY LAW AND A LIMITED PLEDGE OF THE NET REVENUES FROM THE CITY’S WATERWORKS AND SEWER SYSTEM; PRESCRIBING THE TERMS AND FORM THEREOF; PROVIDING FOR THE PAYMENT OF THE PRINCIPAL THEREOF AND INTEREST THEREON; AUTHORIZING THE EXECUTION OF A PURCHASE AGREEMENT TO BE USED IN CONNECTION WITH THE SALE OF THE CERTIFICATES; AND MAKING OTHER PROVISIONS REGARDING SUCH CERTIFICATES AND MATTERS INCIDENT THERETO

READ, CONSIDERED, AND PASSED THIS THE 22nd DAY OF OCTOBER, 2018.

Dr. Armando O’caña, Mayor
Attest: Anna Carrillo, City Secretary

Leave a Comment