Agenda

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AI- 53949

Commissioners Court

Meeting Date:	05/15/2023
Parameters Order for Series 2023 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 $266,445,000; Providing for the award of the sale thereof in accordance with specified parameters; levying a tax and providing for the security for and payment of said bonds; approving the preparation of one or more preliminary official statements and official statements; authorizing the execution and delivery of one or more paying agent/registrar agreements; and enacting other provisions relating to the subject.

Purchasing Department Action

No action by Purchasing.

HR and/or IT Action

Budget Department Action

The County is issuing $266.445 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 2023 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 2023-408-05-15
Collin Co. S23 - Timetable second updated 050923.pdf
Updated May 9 Collin Co Parameters Presentation for May 15.pdf
Bond Order