Ordinance No. 11,693ORDINANCE NO. 11,693
AN ORDINANCE O HE (AT) COUNCIL, 01"I'llE, CITY OF BAYTOWN,
Tl-'�IXAS, M JTIIORIZING AN FXPENDITURf", FOR AN ARBITRA(31.1,',
R,EBATF PAYMENT TO T111' UNIT STATI ' S INTERNAL REVI"INIJ11-1,
SERVICE (IRS) INTI-IlL AMOUNTOF ONE I-I[JNI)IZEI)'1'17NriiOLJSANI')
T'NO I 1UNDRI" 1) FORTY-TI I RE'FAND 76/100 DOLLARS ($110.243.76) FOR
REBATE' LIABILITY DUF' ON SERIES 200613 COMBINATION TAX AND
OF OBLIGATION-, AND PROVIDING FOR THE
I�j`14!'CTIV[, DA'1`ETl-lERl.�1'OI`.
BE IT ORDAINED BY THU CITY COUNCIL OF THL!", CITY Ol-, BAYTOWN,
TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, herebyaLithorizes an
expenditure I'm an arbiti•age rebate payment to the United States Internal Revenue Service (IRS)
in the amount of ONF" I 1UNDRfA) TI "�N TllOLfSAND TWO HUNDRED FORTY-Ti-IREE
AND 76/100 DOLLARS ($110,243.76) for rebate liability d0e on Series 200613 Combination
Tax and Revenuc Certilicates of Obligation,
Section 2: This ordinance shall take effect immediately from and al"Ier its passage by
the City Council cal` the City of Baytown.
INTRODUCEM, READ and PASSED by the affirmativc
City of Baytown (his the 14"' day of'July, 2011,
STEP
JASO
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APPROV'W AS TO FO
4NACIO RAMIRF.Z, SIB.., C', Attomey
1(AkarenTi1es\01y, CounciVOrdipiaim:s'2101 I July doc
f the City C'Ouncil of tile
NCARLOS, May