04.02.13 Regular Meeting - Laserfiche WebLink

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21.Consider approval of Ordinance 2013 -20, on first and final reading, authorizing the issuance of one or more series 2013 City of San Marcos, Texas, Combination Tax and Revenue Certificates of Obligation in an amount not to exceed $13,500,000 to provide funding for San Marcos Municipal Airport improvements, enemy cost reduction measures in city facilities, design and construction of improvements to city buildings, drainage system, water and wastewater systems, upgrades to city fiber optic network, purchase of Fire and Police Department equipment and software, traffic signalization, updates to the City Transportation Plan, implementation of railroad quiet zones, acquisition of property, for a transit stop for bus and rail service; approving an Official Statement; Purchase Agreement and Paying Agent /Registrar Agreement; establishing the procedures for selling and delivering one or more series of the Certificates; providing for adoption of this Ordinance on one reading only in accordance with State Law; and authorizing other matters relating to the Certificates. MOTION: Upon a motion made by Council Member Scott and a second by Council Member Prather, the City Council voted seven (7) for and none (0) opposed, to approve Ordinance 2013- 20, as previously captioned. The motion carried. 22.Consider approval of Ordinance 2013 -21, on first and final reading, authorizing the issuance of City of San Marcos, Texas General Obligation Refunding Bonds in an amount not to $22,500,000; approving an Official Statement, a Paying Agent /Registrar Agreement, a Bond Purchase Agreement and an Escrow Agreement; establishing the procedures for selling and delivering one or more series of the Bonds; providing for the approval of this Ordinance on one reading only as authorized by State Law; and authorizing other matters relating to the Bonds. MOTION: Upon a motion made by Council. Member Scott and a second by Council Member Prather, the City Council voted seven (7) for and none (10) opposed, to approve Ordinance 2013- 21. The motion carried. 23.Consider approval of Ordinance 2013 -22, on first and final reading, establishing the City of San Marcos, Texas, Electric Utility System Revenue Financing Program; providing for approval of this Ordinance on one reading only as authorized by State Law; and providing an effective date. MOTION: Upon a motion made by Council Member Scott and a second by Council Member Becak, the City Council voted seven (7) for and none (0) opposed, to approve. Ordinance 2013- 22, as previously captioned. The motion carried. 24.Consider approval of the first supplemental Ordinance 2013 -23, on first and final reading, to the Master Ordinance 2013 -22 establishing the City of San Marcos, Texas Electric Utility System Revenue Financing Program; authorizing the issuance of City of San Marcos Electric System Revenue Bonds in an amount not to exceed $19,500,000 for the purpose of paying the costs of acquiring, purchasing, constructing, improving, enlarging or equipping the Citys Electric Utility System; providing for approval of this Ordinance on one reading only as authorized by State Law; and providing an effective