Fitch: “AA+” S&P

Total Page:16

File Type:pdf, Size:1020Kb

Fitch: “AA+” S&P PRELIMINARY OFFICIAL STATEMENT Dated August 15, 2018 NEW ISSUE - Book-Entry-Only Ratings: Fitch: “AA+” S&P: “AA+” (See “OTHER INFORMATION – Ratings” herein.) In the opinion of Bond Counsel to the City, interest on the Bonds (defined below) will be excludable from the gross income of the owners thereof for federal income tax purposes under statutes, regulations, published rulings and court decisions existing on nor may offers may to buy be accepted prior nor itation of an offer to buy nor shall there nor shall buy offer to itation of an the date thereof, subject to the matters described under “TAX MATTERS” herein. s laws of any such jurisdiction. $4,000,000* CITY OF MCALLEN, TEXAS (Hidalgo County) GENERAL OBLIGATION BONDS, SERIES 2018 Dated Date: September 1, 2018 Due: February 15, as shown on inside cover PAYMENT TERMS . Interest on the $4,000,000* City of McAllen, Texas General Obligation Bonds, Series 2018 (the "Bonds") These securities not be sold may will accrue from September 1, 2018 (the "Dated Date"), will be payable February 15 and August 15 of each year commencing t constitute an offer to sell or the solic t constitute an August 15, 2019, and will be calculated on the basis of a 360-day year consisting of twelve 30-day months. The definitive Bonds will be initially registered and delivered only to Cede & Co., the nominee of The Depository Trust Company ("DTC") pursuant to ration or qualification under the securitie the book-entry-only system described herein. Beneficial ownership of the Bonds may be acquired in denominations of $5,000 or integral multiples thereof. No physical delivery of the Bonds will be made to the beneficial owners thereof. Principal of, premium, if any, and interest on the Bonds will be payable by the Paying Agent/Registrar to Cede & Co., which will make distribution of the amounts so paid to the participating members of DTC for subsequent payment to the beneficial owners of the Bonds. See "THE BONDS - Book-Entry-Only System" herein. The initial Paying Agent/Registrar is ZB, National Association, dba Amegy Bank, Houston, Texas. See "THE BONDS - Paying Agent/Registrar". AUTHORITY FOR ISSUANCE AND SECURITY FOR THE BONDS . The Bonds are issued pursuant to the Constitution and general laws of the State of Texas, (the "State") including particularly, Texas Government Code, Chapters 1251 and 1331, as amended, uld be unlawful prior to regist and an election held on May 5, 2018, and are direct bonds of the City of McAllen, Texas (the "City") payable from a continuing ad valorem tax levied on all taxable property within the City, within the limits prescribed by law, all as provided in the ordinance shall this Preliminary Official Statemen authorizing the Bonds (the "Bond Ordinance") (see "THE BONDS - Authority for Issuance of the Bonds” and "- Security and Source of Payment for the Bonds"). PURPOSE FOR THE BONDS . Proceeds from the sale of the Bonds will be used for the purpose of (1) constructing drainage improvements, together with related street and sidewalk improvements, in the City; (2) acquiring, constructing, and installing traffic and street signalization equipment and improvements, together with related street and lighting improvements, in the City; d herein are subject to completion or amendment without notice. amendment or subject to completion are herein d and (3) to pay the costs associated with the issuance of the Bonds. ch offer, solicitation or sale wo CUSIP PREFIX: 579083 MATURITY SCHEDULES & 9 DIGIT CUSIP See Schedules on Page 2 LEGALITY . The Bonds are offered for delivery when, as and if issued and received by the Initial Purchaser and subject to the ered in final form. Under no circumstances ered in final form. approving opinion of the Attorney General of Texas and the opinion of McCall, Parkhurst & Horton L.L.P., Bond Counsel, San Antonio, Texas (see APPENDIX C, "Form of Bond Counsel's Opinion"). DATE OF DELIVERY . It is expected that the Bonds will be available for delivery through The Depository Trust Company on Thursday, September 13, 2018. BIDS DUE MONDAY, AUGUST 27, 2018, AT 11:00 AM, CDT ________________ * Preliminary, subject to change. This Preliminary Official Statement and the information containe Statement and the information Official Preliminary This to the time Official Statement is deliv be any sale of these securities in any jurisdiction in which su MATURITY SCHEDULE FOR THE BONDS* CUSIP Prefix: 579083 (1) Initial Initial Stated Price Stated Price Principal M aturity Interest or CUSIP Principal M aturity Interest or CUSIP Amount (February 15) Rate Yield Number(1) Amount (February 15) Rate Yield Number(1) $ 115,000 2020$ 160,000 2032 115,000 2021 170,000 2033 120,000 2022 175,000 2034 125,000 2023 180,000 2035 130,000 2024 185,000 2036 130,000 2025 195,000 2037 135,000 2026 200,000 2038 140,000 2027 210,000 2039 145,000 2028 215,000 2040 150,000 2029 225,000 2041 155,000 2030 230,000 2042 155,000 2031 240,000 2043 (Accrued Interest from the Dated Date to be Added) _______________ (1) CUSIP numbers are included solely for the convenience of owners of the Bonds. CUSIP is a registered trademark of the American Bankers Association. CUSIP data herein is provided by CUSIP Global Services, managed by S&P Capital IQ on behalf of The American Bankers Association. This data is not intended to create a database and does not serve in any way as a substitute for the CUSIP Services. None of the City, the Initial Purchaser, or the Financial Advisor is responsible for the selection or correctness of the CUSIP numbers set forth herein OPTIONAL REDEMPTION FOR THE BONDS. The City reserves the right, at its option, to redeem Bonds having stated maturities on and after February 15, 2028, in whole or in part in principal amounts of $5,000 or any integral multiple thereof, on February 15, 2027, or any date thereafter, at the par value thereof plus accrued interest to the date of redemption (see "THE BONDS - Optional Redemption for the Bonds"). Additionally, the Initial Purchaser may elect to group two or more consecutive maturities of the Bonds into one or more term Bonds (the “Term Bonds”) which Term Bonds would be subject to mandatory sinking fund redemption. [The Remainder of this Page Intentionally Left Blank] 2 For purposes of compliance with Rule 15c2-12 of the United States Securities and Exchange Commission (the "Rule"), this Preliminary Official Statement constitutes an official statement of the City with respect to the Bonds that has been "deemed final" by the City as of its date except for the omission of no more than the information permitted by the Rule. This Official Statement, which includes the cover page and the Appendices hereto, does not constitute an offer to sell or the solicitation of an offer to buy in any jurisdiction to any person to whom it is unlawful to make such offer, solicitation or sale. No dealer, broker, salesperson or other person has been authorized to give information or to make any representation other than those contained in this Official Statement, and, if given or made, such other information or representations must not be relied upon. The information set forth herein has been obtained from the City and other sources believed to be reliable, but such information is not guaranteed as to accuracy or completeness and is not to be construed as a representation, promise or guarantee of the Financial Advisor. This Official Statement includes descriptions and summaries of certain events, matters and documents. Such descriptions and summaries do not purport to be complete and all such descriptions, summaries and references thereto are qualified in their entirety by reference to this Official Statement in its entirety and to each such document, copies of which may be obtained from the Financial Advisor. Any statements made in this Official Statement or the appendices hereto involving matters of opinion or estimates, whether or not so expressly stated, are set forth as such and not as representations of fact, and no representation is made that any of such opinions or estimates will be realized. The information and expressions of opinion contained herein are subject to change without notice, and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the City or other matters described herein. See "OTHER INFORMATION – Continuing Disclosure of Information" for a description of the City's undertaking to provide certain information on a continuing basis. NEITHER THE CITY NOR ITS FINANCIAL ADVISOR, OR THE INITIAL PURCHASER MAKES ANY REPRESENTATION OR WARRANTY WITH RESPECT TO THE INFORMATION CONTAINED IN THIS OFFICIAL STATEMENT REGARDING THE DEPOSITORY TRUST COMPANY OR ITS BOOK-ENTRY ONLY SYSTEM. THE BONDS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, IN RELIANCE UPON EXEMPTIONS CONTAINED IN SUCH ACT. THE REGISTRATION OR QUALIFICATION OF THE BONDS IN ACCORDANCE WITH APPLICABLE PROVISIONS OF SECURITIES LAW OF THE STATES IN WHICH THE BONDS HAVE BEEN REGISTERED OR QUALIFIED, IF ANY, AND THE EXEMPTION FROM REGISTRATION OR QUALIFICATION IN OTHER STATES, IF ANY, CANNOT BE REGARDED AS A RECOMMENDATION THEREOF. THE BONDS HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS OFFICIAL STATEMENT. ANY REPRESENTATION TO THE CONTRARY MAY BE A CRIMINAL OFFENSE. THIS OFFICIAL STATEMENT CONTAINS "FORWARD-LOOKING" STATEMENTS WITHIN THE MEANING OF SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. SUCH STATEMENTS MAY INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE AND ACHIEVEMENTS TO BE DIFFERENT FROM FUTURE RESULTS, PERFORMANCE AND ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.
Recommended publications
  • The Bands Play On
    Volume V, Issue 9 May 2014 ValleyBusinessReport Connecting You to Local Pro-Business News Vwww.ValleyBusinessReport.comBR Making Music The Bands Play On The Ideal New Hire? Teaching Teens to Drive Will Valley Citrus Survive? May 2014 Valley Business Report 3 Business Referred is Business Received We do our homework. We search for receive,” couldn’t be more true in this case. Many and your referral --connecting business leader new business. We uncover some needles in the of you already practice this method of helping your with business leader -- will be featured in Valley haystack. But when is the last time we forward- neighbor, connecting a vendor with someone whom Business Report’s newest section titled “Con- ed a viable lead to another company? That’s he/she could trade with, and talk about a profitable necting the Dots.” Of course, coverage will also right. How many leads did we forward to ven- ROI. Starting a new business relationship between be included on our mobile-friendly www.val- dors and neighboring businesses last week, last two Rio Grande Valley associates who could exchange leybusinessreport.com. month? products/services has a domino effect. Leads for ev- Referrals are a win-win partnership. In our cloud storage, inbox, or old- erybody turns into more business for your pool of Your vendor/client/future client wins, and you fashioned rolodex, we all have contacts that we contacts, generating a greater networking circle for win. The only loss is a few minutes of your currently do business with or would like to. We those who you already communicate with – many of time putting a contact with another contact can pass on those names to others who are in whom are not even aware of each other’s existence.
    [Show full text]
  • County of Hidalgo, Texas
    County of Hidalgo, Texas Comprehensive Annual Financial Report For the Year Ended December 31, 2004 Prepared by the Office of the County Auditor Raymundo Eufracio, CPA COUNTY OF HIDALGO, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2004 PREPARED BY: THE OFFICE OF THE COUNTY AUDITOR RAYMUNDO EUFRACIO,, CPA COUNTY AUDITOR COUNTY OF HIDALGO, TEXAS Comprehensive Annual Financial Report For the Year Ended December 31, 2004 TABLE OF CONTENTS Page Exhibit INTRODUCTORY SECTION Letter of Transmittal-County Auditor ....................................................................... 1 2003 GFOA Certificate of Achievement ................................................................... 8 Organizational Chart of County .............................................................................. 9 Governing Body .................................................................................................... 10 List of Principal Officials........................................................................................ 11 FINANCIAL SECTION Independent Auditors’ Report ......................................................................... 12 Management’s Discussion and Analysis (MD&A) ............................................. 14 Basic Financial Statements Government-Wide Financial Statements Statement of Net Assets.............................................................................. 23 A-1 Statement of Activities ................................................................................
    [Show full text]
  • RIO NEWS Your Kind of Bank
    www.riobk.com September 2018 RIO NEWS Your Kind of Bank. Your Kind of Banker. We help our community grow. PRESIDENT’S PERSPECTIVE We are excited to announce that Rio Bank has acquired Elsa State Bank Rio Bank Welcomes & Trust. Elsa State Bank will begin operating as Rio Bank on September 1, 2018. This acquisition allows Rio Elsa State Bank & Bank to further develop its footprint in the Rio Grande Valley, with 14 Trust! bank locations from Starr, Hidalgo and Cameron counties, extending from Roma to Brownsville. We are committed to making this transition as easy as possible, while we By combining these two well-respected community banks, Rio Bank will have assets of approximately continue to deliver the same level of $550 million, $340 million in loans and $450 million service you deserve. in deposits. Both our community banks share the same vision and devotion in providing quality customer service and diverse products to each and every one of our valued customers. You will continue to see the same friendly service delivery you know and trust but now expanded to six more strategic valley locations that a lot of you have been asking for in the past. Elsa State Bank & Trust has six attractive bank locations located in Roma, Rio Grande City, Edinburg, So what changes September 1st? Elsa, Edcouch and east Weslaco which complements our existing west Weslaco location. • Rio Bank’s name on the six new acquired locations that you can now use at your Our two bank computer systems will be entirely convenience converted together onto the same IT system on February 18, 2019.
    [Show full text]
  • 2020-10-13-Finance-Packet.Pdf
    South Texas College Board of Trustees Finance, Audit, and Human Resources Committee Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas Tuesday, October 13, 2020 @ 5:30 p.m. Agenda “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code.” I. Approval of September 8, 2020 Finance, Audit, and Human Resources Committee Minutes ............................................................................................. 1-12 II. Review and Action as Necessary on Award of Proposal, Rescind of Award, Purchases, and Renewals .................................................................... 13-36 III. Review and Recommend Action on Resolution 2021-002 for Adoption of Rules Relating to Electronic Bids or Proposals................................................. 37-41 IV. Review and Recommend Action on Financial Advisor and Continuing Disclosure Services .......................................................................................... 42-50 V. Discussion and Action as Necessary on Primary Bank Depository Services ............................................................................................................ 51-58 VI. Review and Recommend Action on Resolution 2021-001 Authorizing Investment Brokers, Dealers, Banks, and Investment Pools ...........................
    [Show full text]
  • 2019-12-03 Education and Workforce Development Committee Packet
    Education and Workforce Development Committee Meeting Tuesday, December 03, 2019 3:30 p.m. Ann Richards Administration Building, Board Room Pecan Campus McAllen, Texas In the Making! Online Copy South Texas College Board of Trustees Education and Workforce Development Committee Ann Richards Administration Building, Board Room Pecan Campus, McAllen, Texas Tuesday, December 3, 2019 @ 3:30 p.m. AGENDA “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code.” I. Approval of Minutes for Tuesday, November 12, 2019 Committee Meeting ......... 3 - 8 II. Review and Recommend Action as Necessary to Develop the Proposed Associate of Applied Science Degree Program and Certificate Program for Automotive Collision Repair & Refinishing ........................................................................................... 9 - 43 III. Review and Recommend Action as Necessary to Offer the Proposed Associate of Applied Science Degree Program and Certificate Program for Cybersecurity Specialist in Fall 2020 ....................................................................................................... 44 - 73 IV.
    [Show full text]
  • 2019-10-29 Regular Board Meeting Packet
    SOUTH TEXAS COLLEGE BOARD OF TRUSTEES REGULAR MEETING Tuesday, October 29, 2019 @ 5:30 p.m. Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas 78501 AGENDA “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code. At this meeting, the Board of Trustees may deliberate on and take any action deemed appropriate by the Board of Trustees on the following subjects:” I. Call Meeting to Order II. Determination of Quorum III. Invocation IV. Public Comments V. Presentation ........................................................................................................ 6 A. Review and Reflections on the ACCT National Leadership Congress VI. Consideration and Action on Consent Agenda A. Approval of Board Meeting Minutes ......................................................... 7 - 39 1. September 24, 2019 Regular Board
    [Show full text]
  • Public Disclosure Community Reinvestment Act
    SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE February 24, 2003 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION City National Bank Charter Number 16883 401 South Kansas Weslaco, TX 78599 Comptroller of the Currency San Antonio South Field Office 5350 South Staples, Suite 405 Corpus Christi, TX 78411-4654 NOTE: This document is an evaluation of this institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods consistent with safe and sound operation of the institution. This evaluation is not, nor should it be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the federal financial supervisory agency concerning the safety and soundness of this financial institution. GENERAL INFORMATION The Community Reinvestment Act (CRA) requires each federal financial supervisory agency to use its authority when examining financial institutions subject to its supervision, to assess the institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. Upon conclusion of such examination, the agency must prepare a written evaluation of the institution's record of meeting the credit needs of its community. This document is an evaluation of the Community Reinvestment Act (CRA) performance of City National Bank (CNB) as prepared by The Comptroller of the Currency, the institution's supervisory agency, as of February 24, 2003. The agency rates the CRA performance of an institution consistent with the provisions set forth in Appendix A to 12 CFR Part 25.
    [Show full text]
  • 2020-05-26 Regular Board Meeting Packet
    Board of Trustees Regular Board Meeting Tuesday, May 26, 2020 5:30 p.m. Pecan Campus Ann Richards Administration Building Board Room McAllen, Texas Online Board Packet SOUTH TEXAS COLLEGE BOARD OF TRUSTEES REGULAR MEETING Tuesday, May 26, 2020 @ 5:30 p.m. Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas 78501 AGENDA “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code. At this meeting, the Board of Trustees may deliberate on and take any action deemed appropriate by the Board of Trustees on the following subjects:” COVID-19 Public Health / Attendance Measures Due to COVID-19 and Social Distancing recommendations, members of the public are encouraged to watch the live broadcast of the meeting at: https://admin.southtexascollege.edu/president/agendas/live.html. • Anyone wishing to make Public Comments as provided in the agenda is asked to sign up prior to the meeting, and they will be called into the Board Room individually when it is their turn to make comments.
    [Show full text]
  • Finance Motions
    South Texas College Board of Trustees Finance, Audit, and Human Resources Committee Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas Tuesday, October 8, 2019 @ 5:30 p.m. “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code.” I. Approval of September 10, 2019 Finance, Audit, and Human Resources Committee Minutes ............................................................................................... 1-7 II. Review and Recommend Action on Award of Proposals, Purchases, Renewals, and Interlocal Agreements ................................................................ 8-31 III. Review and Recommend Action to Revise Policy #5120: Investment Policy and Investment Strategy Statement ....................................................... 32-46 IV. Review and Recommend Action to Revise Policy #5220: Contractors: Consultant Services, Professional Services and Honoraria .............................. 47-48 V. Review and Recommend Action to Revise Resolution 2020-004 Authorizing Investment Brokers, Dealers, Banks, and Investment Pools ......... 49-53 VI. Discussion and Action as Necessary on Terra-Gen Development Company, LLC, Tax Abatement Applications, Agreements, and Resolutions ...........................................................................................................
    [Show full text]
  • RIO FINANCIAL SERVICES, INC. (3193033) of MCALLEN, TX
    Form FR Y-6 Rio Financial Services, Inc Fiscal Year Ending December 31, 2017 Report Item 2a: Organization Chart RIO FINANCIAL SERVICES, INC McAllen, Texas Incorporated in State of Texas 100% owner of RIO BANK RIO FINANCIAL HOLDINGS, INC McALLEN, TEXAS McAllen, TEXAS Incorporated in State of Texas Incorporated in State of Texas LEI 5493007MVCEU8QCNWC60 Results: A list of branches for your depository institution: RIO BANK (ID_RSSD: 956750). This depository institution is held by RIO FINANCIAL SERVICES, INC. (3193033) of MCALLEN, TX. The data are as of 12/31/2016. Data reflects information that was received and processed through 01/10/2017. Reconciliation and Verification Steps 1. In the Data Action column of each branch row, enter one or more of the actions specified below 2. If required, enter the date in the Effective Date column Actions OK: If the branch information is correct, enter 'OK' in the Data Action column. Change: If the branch information is incorrect or incomplete, revise the data, enter 'Change' in the Data Action column and the date when this information first became valid in the Effective Date column. Close: If a branch listed was sold or closed, enter 'Close' in the Data Action column and the sale or closure date in the Effective Date column. Delete: If a branch listed was never owned by this depository institution, enter 'Delete' in the Data Action column. Add: If a reportable branch is missing, insert a row, add the branch data, and enter 'Add' in the Data Action column and the opening or acquisition date in the Effective Date column.
    [Show full text]
  • Board of Trustees
    Board of Trustees Regular Board Meeting Tuesday, April 26, 2016 5:30 p.m. Pecan Campus Ann Richards Administration Building Board Room McAllen, Texas Online Board Packet SOUTH TEXAS COLLEGE BOARD OF TRUSTEES REGULAR MEETING Tuesday, April 26, 2016 @ 5:30 p.m. Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas 78501 AGENDA “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code. At this meeting, the Board of Trustees may deliberate on and take any action deemed appropriate by the Board of Trustees on the following subjects:” I. Call Meeting to Order II. Determination of Quorum III. Invocation IV. Public Comments V. Presentations ...................................................................................................... 1 A. Review of Board of Trustees Institute, Santa Fe, NM B. Presentation of May 2016 Graduation Ceremonies VI. Consideration and Action on Consent Agenda A. Approval of Board Meeting Minutes ........................................................
    [Show full text]
  • Board of Trustees
    Board of Trustees Regular Board Meeting Tuesday, July 28, 2015 5:30 p.m. Pecan Campus Ann Richards Administration Building Board Room McAllen, Texas Online Board Packet SOUTH TEXAS COLLEGE BOARD OF TRUSTEES REGULAR MEETING Tuesday, July 28, 2015 @ 5:30 p.m. Ann Richards Administration Building Board Room Pecan Campus, McAllen, Texas 78501 AGENDA “At anytime during the course of this meeting, the Board of Trustees may retire to Executive Session under Texas Government Code 551.071(2) to confer with its legal counsel on any subject matter on this agenda in which the duty of the attorney to the Board of Trustees under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. Further, at anytime during the course of this meeting, the Board of Trustees may retire to Executive Session to deliberate on any subject slated for discussion at this meeting, as may be permitted under one or more of the exceptions to the Open Meetings Act set forth in Title 5, Subtitle A, Chapter 551, Subchapter D of the Texas Government Code. At this meeting, the Board of Trustees may deliberate on and take any action deemed appropriate by the Board of Trustees on the following subjects:” I. Call Meeting to Order II. Determination of Quorum III. Invocation IV. Public Comments V. Presentations ................................................................................................. 1 - 8 A. Presentation on Second Quarter Delinquent Tax Collection Report by Linebarger Goggan Blair & Sampson, LLP VI. Consideration and Action on Consent Agenda B. Approval of Minutes ................................................................................ 9 - 37 1.
    [Show full text]