06162009 Regular Meeting - Laserfiche WebLink

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approving the official statement and a bond purchase agreement; and enacting other provisions relating to the subiect. • MOTION: Upon a motion made by Councilmember Thomaides and a second by Councilmember Jones, the City Council voted six (6) for and none (0) opposed, to approve Ordinance 2009-34, as previously captioned. The motion carried unanimously. 26. Consider adoption of Ordinance 2009-35, authorizing the issuance and sale of City of San Marcos, Texas, General Obligation Bonds, Series 2009• not to exceed principal amount $4,495,000; providing for the security for and payment of said bonds; prescribing the form of said bonds; awarding the sale thereof; approving the official statement and a bond purchase agreement; and enacting other provisions relating to the subiect MOTION: Upon a motion made by Councilmember Jones and a second by Councilmember Thomaides, the City Council voted six (6) for and none (0) opposed, to approve Ordinance 2009- 35, as previously captioned. The motion carried unanimously. 27. Consider adoption of Ordinance 2009-36, authorizing the issuance and sale of City of San_ Marcos, Texas, General Obligation Refunding Bonds Series 2009• approximately $10,015,000, preliminarv, subiect to change; providing for the security for and pavment of said bonds; prescribing the form of said bonds; awarding the sale thereof, approving the official statement and a bond purchase agreement; and enacting other provisions relating to the subiect. MOTION: Upon a motion made b Councilmember Jones and a second by Councilmember Thomaides, the City Council voted six (6) for and none (0) opposed, to approve Ordinance 2009- 36, as previously captioned. The motion carried unanimously. 28. Consider adoption of Ordinance 2009-37, authorizing the issuance and sale of Citv of San Marcos, Texas, Tax and Revenue Refundin Bonds Series 2009• approximately $11,800,000, preliminary, subiect to change; providing for the security for and payment of said bonds; prescribing the form of said bonds; awarding the sale thereof, approving the official statement and a bond purchase agreement; and enacting other provisions relating to the subiect. MOTION: Upon a motion made by Councilmember Jones and a second by Councilmember Thomaides, the City Council voted six (6) for and none (0) opposed, to approve Ordinance 2009- 37, as previously captioned, and amended to reflect that property tax will not be required for the debt as long as enough revenue is set aside. The motion carried unanimously. 29. Update by Mavor Narvaiz on the Capital Area Metropolitan Planning Organization Capital Area Council of Governments and National League of Cities Mayor Narvaiz reported that CAMPO had $29 million in funds to allocate to Travis, Williamson and Hays counties. None of the projects we submitted were eligible because they required too much money, and CAMPO wanted to more evenly distribute the funds among the counties. • RM061609 Minutes Page 6