Legislation Details

File #: 18-0834    Version: 1 Name:
Type: Ordinance Status: Regular Hearing
File created: 9/30/2019 In control: City Council
On agenda: 10/7/2019 Final action:
Title: Consideration of an Ordinance Authorizing the Issuance of $1,775,000 City of Lewisville, Texas, Combination Contract Revenue and Special Assessment Road System Bonds, Series 2019A (Lewisville Castle Hills Public Improvement District No. 6 Project) (the "Series 2019A Road Bonds") in Accordance With the Terms of That Certain Master Trust Agreement and Fourth Supplemental Trust Agreement; Approving and Authorizing the Execution of the Fourth Supplemental Trust Agreement; Authorizing a Final Limited Offering Memorandum Pertaining to the Issuance of the Series 2019A Road Bonds; Approving a Bond Placement Agreement; and Containing Other Matters Related to the Series 2019A Road Bonds.
Attachments: 1. StaffMemorandum PID6 Road Bond Sale, 2. LCHPID6 (2019A Road Bonds) -- Bond Ordinance FINAL, 3. LCHPID6 (2019A Road Bonds) -- Fourth Supplemental Trust Agreement, 4. PLOM 10.01.19, 5. Bond Placement Agreement 9.23.19 FINAL

title

Consideration of an Ordinance Authorizing the Issuance of $1,775,000 City of Lewisville, Texas, Combination Contract Revenue and Special Assessment Road System Bonds, Series 2019A (Lewisville Castle Hills Public Improvement District No. 6 Project) (the “Series 2019A Road Bonds”) in Accordance With the Terms of That Certain Master Trust Agreement and Fourth Supplemental Trust Agreement; Approving and Authorizing the Execution of the Fourth Supplemental Trust Agreement; Authorizing a Final Limited Offering Memorandum Pertaining to the Issuance of the Series 2019A Road Bonds; Approving a Bond Placement Agreement; and Containing Other Matters Related to the Series 2019A Road Bonds.

request

ADMINISTRATIVE COMMENTS:

 

Denton County Fresh Water Supply District No 1-H has requested the City to authorize and approve the issuance of up to $1,775,000 of said bonds above for the purpose of acquiring and constructing certain streets and roads and to pay certain costs incurred in connection with the issuance of the bonds. 

 

RECOMMENDATION:

 

That the City Council approve the ordinance as set forth in the caption above.

 

AVAILABLE FOR QUESTIONS:

 

Ross Martin, Winstead, PC