10. RESOLUTION NO. 940 ESTABLISHING THE CITY S INTENTION TO REIMBURSE ITSELF FOR THE PRIOR LAWFUL EXPENDITURE OF FUNDS FOR CAPITAL EXPENDITURES FROM THE PROCEEDS OF TAX-EXEMPT OBLIGATIONS: THE CITY COUNCIL WILL CONSIDER RESOLUTION NO. 940 ESTABLISHING THE CITY S INTENTION TO REIMBURSE ITSELF FOR THE PRIOR LAWFUL EXPENDITURE OF FUNDS FOR CAPITAL EXPENDITURES FROM THE PROCEEDS OF TAX-EXEMPT OBLIGATIONS IN THE MAXIMUM AMOUNT OF $16,664,750 AND OTHER MATTERS IN CONNECTION THEREWITH DIRECTOR OF FINANCE - City of Portland, TX

Meeting: CITY COUNCIL MEETING

Meeting Time: November 04, 2025 at 7:00pm CST

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Agenda Item

10. RESOLUTION NO. 940 ESTABLISHING THE CITY S INTENTION TO REIMBURSE ITSELF FOR THE PRIOR LAWFUL EXPENDITURE OF FUNDS FOR CAPITAL EXPENDITURES FROM THE PROCEEDS OF TAX-EXEMPT OBLIGATIONS: THE CITY COUNCIL WILL CONSIDER RESOLUTION NO. 940 ESTABLISHING THE CITY S INTENTION TO REIMBURSE ITSELF FOR THE PRIOR LAWFUL EXPENDITURE OF FUNDS FOR CAPITAL EXPENDITURES FROM THE PROCEEDS OF TAX-EXEMPT OBLIGATIONS IN THE MAXIMUM AMOUNT OF $16,664,750 AND OTHER MATTERS IN CONNECTION THEREWITH DIRECTOR OF FINANCE