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AI- 52017
Commissioners Court
Meeting Date: 05/09/2022  
Parameters Order for Series 2022 Bonds
Submitted By: Monika Arris
Department: Budget/Finance  
Request Type: GENERAL

Information
Department Action
Consideration and any action of an order authorizing the issuance and sale from time to time of one or more series of Collin County, Texas, Limited Tax Permanent Improvement Bonds in an aggregate principal amount not to exceed $86,000,000; Providing for the award of the sale thereof in accordance with specified parameters; and levying a tax and providing for the security for and payment of said bonds
Purchasing Department Action
No action by Purchasing.
HR and/or IT Action
Budget Department Action
The County is issuing $86.0 million of voter authorized bonds.  Request approval of Parameter Bond Order allowing the bonds to be priced at any time and in any interest rate environment that is advantageous to the County limited by the parameters set by Commissioners Court.  As is customary, the Authorized Officers are the County Judge and County Administrator and the authority to issue the Bonds expires after 180 days, unless extended by the Commissioners Court.
Auditor's Office Action
No action by Auditor.
Commissioners Court
Parameters order for series 2022 bonds, Budget.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Remarks:
Attachments
Court Order 2022-431-05-09
presentation
Bond Order

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