Agenda

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AI- 57898

Commissioners Court

Meeting Date:	06/09/2025
Parameters Order for Series 2025 Bonds
Submitted By:	Monika Arris
Department:	Budget/Finance
Request Type:	GENERAL

Information

Department Action

ORDER AUTHORIZING THE ISSUANCE AND SALE OF COLLIN COUNTY, TEXAS, TAX NOTES, SERIES 2025, IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $8,100,000; 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 AN OFFICIAL STATEMENT; AUTHORIZING THE EXECUTION AND DELIVERY OF A PAYING AGENT/REGISTRAR AGREEMENT; AND ENACTING OTHER PROVISIONS RELATING TO THE SUBJECT

and

AN ORDER OF THE COMMISSIONERS COURT OF COLLIN COUNTY, TEXAS, AUTHORIZING THE ISSUANCE AND SALE FROM TIME TO TIME OF ONE OR MORE SERIES OF COLLIN COUNTY, TEXAS, LIMITED TAX PERMANENT IMPROVEMENT BONDS, LIMITED TAX REFUNDING BONDS AND COMBINATION LIMITED TAX PERMANENT IMPROVEMENT BONDS AND REFUNDING BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $244,022,000; 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 OFFICIAL STATEMENTS; AUTHORIZING THE EXECUTION AND DELIVERY OF ONE OR MORE PAYING AGENT/REGISTRAR AGREEMENTS, DEPOSIT AGREEMENTS; AND ENACTING OTHER PROVISIONS RELATING TO THE SUBJECT

Purchasing Department Action

No action by Purchasing.

HR / IT / Equipment Services Action

Budget Department Action

The County is issuing $212,607,000 million of voter authorized bonds, $8.1 million in tax notes and possible refunding 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 Administrators 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 2025 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

Attachments
Court Order 2025-565-06-09
Presentation
2025 Bond Order
2025 Tax Notes Order