12. ORDINANCE NO. 2310 AUTHORIZING THE ISSUANCE OF UP TO $10,280,000 GENERAL OBLIGATION REFUNDING BONDS: THE CITY COUNCIL WILL CONSIDER ORDINANCE NO. 2310 AUTHORIZING THE ISSUANCE OF UP TO $10,280,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2025; PROVIDING FOR THE PAYMENT BY THE LEVY OF AN AD VALOREM TAX; DELEGATING, AS NECESSARY, THE AUTHORITY TO EXECUTE CERTAIN MATTERS RELATED TO THE SALE OF THE BONDS; AND OTHER MATTERS IN CONNECTION THEREWITH DIRECTOR OF FINANCE - City of Portland, TX

Meeting: CITY COUNCIL MEETING

Meeting Time: May 06, 2025 at 7:00pm CDT

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Agenda Item

12. ORDINANCE NO. 2310 AUTHORIZING THE ISSUANCE OF UP TO $10,280,000 GENERAL OBLIGATION REFUNDING BONDS: THE CITY COUNCIL WILL CONSIDER ORDINANCE NO. 2310 AUTHORIZING THE ISSUANCE OF UP TO $10,280,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2025; PROVIDING FOR THE PAYMENT BY THE LEVY OF AN AD VALOREM TAX; DELEGATING, AS NECESSARY, THE AUTHORITY TO EXECUTE CERTAIN MATTERS RELATED TO THE SALE OF THE BONDS; AND OTHER MATTERS IN CONNECTION THEREWITH DIRECTOR OF FINANCE