HomeMy WebLinkAboutM1992-027 - 02/04/1992Motions - 2/4/92
Motion authorizing the City Manager to proceed with the preparation of the Official
Statement for the sale of $11,550,000 General Improvement Bonds, Series 1992
(Airport - $185,000; Drainage - $890,000; Parks & Recreation - $2,590,000; Library
Books - $250,000; Public Health & Safety - $1,065,000; Streets -$6,570,000);
$3,000,000 Combination Tax and Municipal Hotel Occupancy Tax Certificates of
Obligation, Series 1992 for improvements and equipment associated with the berthing
of the U.S.S. Lexington in Corpus Christi, Texas including public utilities and public
access thereto, and the acquisition of museum exhibits, to be located thereon, and
the payment of fiscal, engineering, and legal fees incurred in connection therewith;
and $500,000 Combination Tax and Marina Revenue Certificates of Obligation,
Series 1992-A, for Marina improvements; and authorizing the City to obtain the
services of M. E. Allison & Co., Inc. as financial advisor, and McCall, Parkhurst &
Horton as Bond Counsel.