Item 4H-4J AudioSOUTHLAKE ���
Requested Action
• Approval is the initial step to issue
certificates of obligation for capital
improvement projects
—Resolution 11 -014
—Resolution 11 -015
—Resolution 11 -016
Purpose
• Resolutions will
—Establish the maximum amount
of bond;
• Resolution 11 -014 ($4,935,000)
• Resolution 11 -015 ($3,465,000)
• Resolution 11 -016 ($3,390,000)
— Authorize the publication of a
notice in the newspaper;
3
Next Steps
• Publication in newspaper
— March 6th and 13th
• Rating meetings
— April 14th
• Ordinance for City Council approval -
public hearing
— May 17th
• Bond Closing and delivery of funds
— June 21
FAI
yy The City of South lake provides municipal services that support the highest qualit
co y ofIife for our
residents and businesses. We do this by delivering outstandingvalueand
unrivaled quality in everything that we do.
tl a C2 Provide travel C3 Provide attractive Attract c ke tment' Promote opportunities
highest standards nvenience within and unique spaces for businesses to drive a forpartnershipsand
of safety and City and region enjoyment of personal dynamic and sustainable volunteer involvement
security interests eco
Bl Achieve best- B2 Collaborate with B3 Enhance resident B4 Provide high B5 Improve
i n-class status in select partners to quality of life and quality customer performance of B6 Optimize
all Cit disci lines implement service businesssustainability service delivery and use of
y p solutions throughtourism operational technology
processes
Fl Adhere to financial F2 Invest to provide and F3 Achieve fiscal F4 Establish and
management principles maintain high quality public well standards maintain effective
and budget assets internal controls
!� \ \
Ll Ensure our people L2 Enhance L3 Attract, L4 Recognize L5 Empower
understandthe leadership develop and and informed decision
and how they es to retain a skilled reward high making at all levels
ute to it sults workforce performers the organization
3-
SOUTHLAKE