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AI- 6094   4. A. 4.    
Commissioners Court - Regular
Meeting Date: 03/04/2015  
Refunding Bonds Obligation Series 2007
Submitted By: Tyner Little, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider approval of an Order by the Commissioners Court of Nueces County, Texas authorizing the issuance of “Nueces County, Texas General Obligation Refunding Bonds, Series 2015” not to exceed $33,000,000, and said proceeds to be utilized to provide for the (1) discharge and final payment of the Refunded Obligations and (2) payment of the costs of issuance of the General Obligation Refunding Bonds, levying an annual Ad Valorem Tax, within the limitations prescribed by Law, for the payment of the Bonds; prescribing the form, terms, conditions, and resolving other matters incident and related to the issuance, sale, and delivery of the Bonds, including the approval and distribution of an Official Statement pertaining thereto; authorizing the execution of a Paying Agent/Registrar Agreement, a Purchase Contract, and an Escrow and Trust Agreement, complying with the provisions of the Depository Trust Company’s Letter of Representations; delegating the authority to certain members of the Commissioners Court and County Staff to execute certain documents relating to the sale of the Bonds; and providing an effective date.
BACKGROUND
DISCUSSION

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Letter from Bond Counsel
Order Approving Refunding

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