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runway 17R/35L at the Laredo International Airport.  No local match is required for this American Recovery and Reinvestment Act (Stimulus) Grant. (Approved by Finance Committee)

Motion to approve Resolution 2009-R-069.

Moved:  Cm. Garza

Second:  Cm. Liendo Espinoza

For:     7Against:  0Abstain:  0

17.  2009-R-072  Resolution directing publication of notice of intention to issue City of

Laredo, Texas combination tax and revenue certificates of obligation, series 2009A, in the maximum principal amount of $25,545,000.00 for paying all or a portion of the City’s contractual obligations for the purpose of;

1.  Constructing, improving and repairing City streets and sidewalks,

together with drainage, traffic and street signalization and lighting    

improvements;

   2.  Acquiring, constructing, improving and equipping the City’s parks and

        recreation building facilities;

   3.  Designing, constructing and equipping a public library;

   4.  Replace an HV AC system for the Health Department;

   5.  Designing, constructing and equipping a Fire Department

Administration Building, and for the payment of legal, fiscal, and engineering fees in connection with such projects.

Motion to approve Resolution 2009-R-72.

Moved:  Cm. Garza

Second:  Cm. Liendo Espinoza

For:     7Against:  0Abstain:  0

18.  2009-R-073  Resolution directing publication of notice of intention to issue City of

Laredo, Texas combination tax and waterworks and sewer system revenue certificates of obligation, series 2009B, in the maximum principal amount of $52,240,000.00, for paying all or a portion of the City’s contractual obligations for the purpose of construction, improving and extending the City’s waterworks system and sewer system, and for the payment of legal, fiscal, and engineering fees in connection with such projects.

Motion to approve Resolution 2009-R-073.

Moved:  Cm. Garza

Second:  Cm. Liendo Espinoza

For:     7Against:  0Abstain:  0

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