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REQUEST FOR CITY COUNCIL AG NnA TTVX4 <br />Agenda Date Requested: May 21, 2007 <br />Requested By: Michael Dolby, ntteerim Director of Finance <br />Department: FINANCE �% (�- <br />Report: Resolution: Ordinance: xx <br />Exhibits: <br />Exhibits: <br />Appropriation <br />Source of Funds: N/A <br />Account Number: N/A <br />Amount Budgeted: <br />Amount Requested: N 7A <br />Budgeted Item: <br />SUMMARY & RECOMMENDATION <br />At this time, we would like to issue Certificates of Obligation Bonds for the following projects: <br />Waste Water Treatment Plant <br />Sports Complex (Amateur Ball Fields) <br />Golf Course Cart Paths <br />Issuance Cost <br />Total <br />6,000,000 <br />1,600,000 <br />300,000 <br />175.000 <br />$8,075,000 <br />We are requesting consideration and approval of an ordinance authorizing the issuance of City of La Porte Texas <br />Certificates of Obligations, Series 2007. <br />Action Required by Council:, Approve Ordinance authorizing the sale of $8.075 million in Certificates of <br />Obligation Series 2007. <br />Approved for City Council Agenda <br />O <br />John ;Joos;, Interi ty Manager Date—�/ <br />