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RES-0395
| 1 | 2A. | | Resolution | Discuss and consider action to approve a resolution with the caption reading: JOINT RESOLUTION OF THE PFLUGERVILLE COMMUNITY DEVELOPMENT CORPORATION AND THE CITY OF PFLUGERVILLE, TEXAS APPROVING AN AGREEMENT BETWEEN THE PFLUGERVILLE COMMUNITY DEVELOPMENT CORPORATION AND FIRSTSOUTHWEST, A DIVISION OF HILLTOP SECURITIES INC., FOR PROFESSIONAL SERVICES IN RELATION TO FINANCIAL ADVISING FOR THE ISSUANCE AND SALE OF INDEBTEDNESS OR DEBT OBLIGATIONS. | Approved | Pass |
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RES-0392
| 1 | 2B. | | Resolution | Discuss and consider action to approve a resolution with the caption reading: JOINT RESOLUTION OF THE PFLUGERVILLE COMMUNITY DEVELOPMENT CORPORATION AND THE CITY OF PFLUGERVILLE, TEXAS APPROVING THE PFLUGERVILLE COMMUNITY DEVELOPMENT CORPORATION TO BORROW UP TO $25,000,000 FROM WHITNEY BANK FOR THE REFUNDING OF A LOAN WITH CAPITAL ONE, N.A., MOST RECENTLY APPROVED BY RESOLUTION NO. 1426-14-11-18-0227 AND BORROWED FOR THE PURPOSE OF SUPPORTING THE DEVELOPMENT OF A WATER AND ADVENTURE PARK AND AUTHORIZING THE ECONOMIC DEVELOPMENT DIRECTOR TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS ON BEHALF OF THE PFLUGERVILLE COMMUNITY DEVELOPMENT CORPORATION TO ENTER INTO AN AGREEMENT WITH WHITNEY BANK FOR A LOAN TO SO REFUND, AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS PERMITTING THE LOAN TO BE ENTERED INTO, ALL AS APPROVED AS TO FORM BY THE GENERAL COUNSEL OF THE CORPORATION AND THE CITY ATTORNEY. | Approved | Pass |
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