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ChatGPTClaudePerplexity· Related development
Council votes 5-0 to publish notice of up to $1,050,000 in certificates for Greenways PID parks
The council adopted Resolution No. 11-17-20-2, 5-0, authorizing publication of notice of intent to issue up to $1,050,000 in certificates of obligation for acquiring, building, improving and equipping park facilities in the Greenways PID. On January 26, 2021 it authorized the City's Series 2021 combination tax and revenue certificates (Ordinance No. 7903), 5-0; the City's financial reports list a single Series 2021 certificate issue, $975,000 for Greenways PID park facilities.[1][2][3]
Ginger NelsonElaine HaysFreda PowellEddy SauerHoward SmithLaura Storrs
What the sources say
- ✓ Verified
On November 17, 2020 the council adopted Resolution No. 11-17-20-2, 5-0, approving publication of notice of intention to issue certificates of obligation "not to exceed $1,050,000," with proceeds for "acquiring, construction, improving and equipping park facilities in the Greenways Public Improvement District." The Assistant City Manager and the City's financial advisor, Specialized Public Finance, presented the item. [1]
- Max principal
- $1,050,000
- Votes for
- 5
- Votes against
- 0
- ✓ Verified
On January 26, 2021 the council adopted Ordinance No. 7903, 5-0, authorizing "City of Amarillo, Texas, Combination Tax and Revenue Certificates of Obligation, Series 2021," payable from property taxes and a limited pledge of water and sewer revenues. The minutes do not state the purpose. The City's FY2025 financial report lists one Series 2021 certificate issue: $975,000 "for the purpose of improving park facilities in the Greenways PID," maturing through 2041. [2][3]
- Principal
- $975,000