File #: 18-0490    Version: 1 Name:
Type: Ordinance Status: Regular Hearing
File created: 1/16/2019 In control: City Council
On agenda: 1/28/2019 Final action:
Title: Consideration of an Ordinance Authorizing the Issuance of $5,595,000 City of Lewisville, Texas, Combination Contract Revenue and Special Assessment Utility System Bonds, Series 2019 (Lewisville Castle Hills Public Improvement District No. 6 Project) (the "Series 2019 Utility Bonds") in Accordance With the Terms of That Certain Master Trust Agreement and Third Supplemental Trust Agreement; Approving and Authorizing the Execution of the Third Supplemental Trust Agreement; Authorizing a Final Limited Offering Memorandum Pertaining to the Issuance of the Series 2019 Utility Bonds; Approving a Bond Placement Agreement.
Attachments: 1. Staff Memorandum, 2. Bond Ordinance - LCHPID6 (2019 Utility Bonds), 3. 3-LCHPID6 (2019 Utility Bonds) -- Third Supplemental Trust Agreement 4811-8914-1626 7, 4. PLOM 1.23.19 amended, 5. 5-Bond Placement Agreement 1.16.19
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title

Consideration of an Ordinance Authorizing the Issuance of $5,595,000 City of Lewisville, Texas, Combination Contract Revenue and Special Assessment Utility System Bonds, Series 2019 (Lewisville Castle Hills Public Improvement District No. 6 Project) (the “Series 2019 Utility Bonds”) in Accordance With the Terms of That Certain Master Trust Agreement and Third Supplemental Trust Agreement; Approving and Authorizing the Execution of the Third Supplemental Trust Agreement; Authorizing a Final Limited Offering Memorandum Pertaining to the Issuance of the Series 2019 Utility Bonds; Approving a Bond Placement Agreement.

 

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 $5,595,000 of said bonds above for the purpose of acquiring certain water, sewer, and drainage facilities 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