HomeMy WebLinkAbout023118 RES - 10/28/1997RESOLUTION
EXPRESSING THE INTENT TO REIMBURSE THE COMBINED UTILITY
SYSTEMS FUND FOR COSTS OF CERTAIN WATER AND WASTEWATER
SYSTEM IMPROVEMENTS TO BE MADE AS PART OF THE SPUR 3,
PHASE 2 IMPROVEMENTS PROJECT.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
To ensure that improvements to be made as part of the Spur 3, Phase 2 Improvements Project
are made promptly, interim funding for this project will come from the FY 97-98 Combined Utility
Systems Fund. It is intended that the Combined Utility Systems Fund will be reimbursed from the
proposed Tax -Exempt Commercial Paper Program. In turn, the Tax -Exempt Commercial Paper
Program will be reimbursed with utility system revenue bond funds.
ATTEST:
City Secretary MAYOR
APPROVED: ps 7 PDAY OF (kHhoe
JAMES R. BRAY, JR., CITY ATTORNEY
BY'(+%C kvz,L
Michael L. Scanlon
Assistant City Attorney
Corpus Christi, Texas
MSS000.144.dkw
October 24, 1997 (9:2Sam)
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THE CITY OF CSRPUS CHRISTI
1927
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The above resolution was passed by the following vote:
Loyd Neal
Jaime Capelo
Melody Cooper
Alex L. Garcia, Jr.
Arnold Gonzales
Betty Jean Longoria
John Longoria
Edward A. Martin
Dr. David McNichols
MS5000- 144.dkw
October 24. 1997 (928am)