R-96-07-25-10H - 7/25/1996RESOLUTION NO. R- 96- 07- 25 -10H
WHEREAS, the City of Round Rock has published notice of
intention to issue its Anticipation Notes, Series 1996 in the
principal amount not to exceed $11,500,000, and
WHEREAS, the City finds it necessary to postpone action on
the ordinance authorizing the Anticipation Notes, Series 1996 until
the City determines the exact funding dates for the wastewater
plant expansion, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the City Council hereby postpones action on the ordinance
authorizing the City of Round Rock, Texas Anticipation Notes,
Series 1996 in the amount of $11,500,000 until the regular meeting
on August 8, 1996 at 7:00 p.m. at the regular meeting place of the
City Council at the City Hall, 221 E. Main Street, Round Rock,
Texas.
RESOLVED this 25th day of July, 1996.
ATTEST:
X: \WPOOCS \RESOLOTI \RS6072511 WPO /scg
E LAND, City Secretary
1(
CHARLES CULPEAPER, Mayor
City of Round Rock, Texas
DATE: July 23, 1996
SUBJECT: City Council Meeting, July 25, 1996
ITEM: 10. H. Consider a resolution delaying action on an ordinance authorizing Anticipation
Notes, Series 1996
STAFF RESOURCE PERSON: David Kautz
STAFF RECOMMENDATION:
On June 25, 1996, the Council authorized publication of a notice to issue anticipation notes for the
purpose of financing utility system and wastewater plant expansions. The notice indicated that,
tentatively, at the July 25, 1996 meeting the Council would approve an ordinance authorizing the
issuance of the anticipation notes.
This item delays action on the ordinance authorizing the anticipation notes until the City
determines the exact funding date for the wastewater plant expansion.