Commissioners Court Meeting
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Meeting Date:
09/24/2018
Reibursement Resolution
Submitted for:
Lizette Torres
Submitted By:
Lizette Torres
Department:
Auditor
Subject:
Discussion and possible action to approve a reimbursement resolution to allow Webb County to reimburse the General Fund for expenditures related to projects with the proceeds of new certificates of obligations.
Issue:
The County intends to reimburse the expenditures hereunder after the date the original expenditure is paid or the date the project is placed in service.
Solution:
This resolution shall evidence the intent of the County to comply with state law and federal income tax law in the issuance of tax-exempt obligations for the project.
Background:
n/a
Previous Court Action:
n/a
Fiscal Impact
Budget Account Number:
n/a
Funding Source:
n/a
Balance:
n/a
Financial Impact:
n/a
Attachments
Reimbursement Resolution
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