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Pampa approves amended ordinance to issue Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2025 after maturity error fixed

2382399 · February 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The City of Pampa City Commission on Feb. 24 adopted Ordinance No. Eighteen-nineteen, an amended and restated ordinance authorizing the issuance of the city’s Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2025.

The City of Pampa City Commission on Feb. 24 adopted Ordinance No. Eighteen-nineteen, an amended and restated ordinance authorizing the issuance of the city’s Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2025.

Andrew Friedman of Samco Capital Markets, the city’s financial advisor, told commissioners he and the city’s bond attorney discovered an error in the notice of intention for the sale that reported a maximum maturity date inconsistent with the securities’…

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