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Ordinance 2021-15ORDINANCE NO. 2021-15 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, ESTABLISHING A CITIZENS BOND ADVISORY COMMITTEE (CBAC); PROVIDING FOR THE SCOPE AND AUTHORITY OF THE COMMITTEE; PROVIDING FOR THE APPOINTMENT OF ITS MEMBERS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Wylie is considering calling a local bond election for November 2021; and WHEREAS, the City Council's desire is to appoint a Citizens Bond Advisory Committee (CBAC) to develop a Bond Program for recommendation to the City Council at its June 22, 2021 regular meeting; and WHEREAS, the CBAC has the responsibility to develop a recommendation regarding the total amount of the bond issuance and the specific projects to be included in the proposition(s) presented to the voters; and WHEREAS, bond projects are necessary in order to maintain and expand infrastructure to meet the needs of the continued growth of the city; and NOW THEREFORE, BE IT ORDAINED, by the City Council of the City of Wylie, Texas: SECTION 1. The City Council shall appoint fourteen (14) members to serve on the CBAC, which shall consist of two (2) members designated by the Mayor and each City Council member. Each member shall be a citizen of the City of Wylie and shall be a registered voter. The City Manager or designated representative will serve as the staff liaison. SECTION 2. The CBAC shall meet a minimum of four (4) times, according to a schedule established by the CBAC. All meetings shall be conducted in accordance with the Texas Open Meetings Act. SECTION 3. The CBAC shall be a recommending body with no budget or administrative authority. SECTION 4. The CBAC shall be charged with the following: (a) To discuss and consider a list of capital improvement projects for inclusion in a November 2, 2021 bond election. Ordinance No. 2021-15 - Establishing A Citizens Bond Advisory Committee (b) To ensure that the Bond Program is fiscally responsible, adequately addresses current and future critical city needs, and is beneficial to all sectors of the community. (c) To make recommendation(s) to the City Council at the June 22, 2021 Regular Meeting about the total amount of the Bond issuance and the specific projects to be included in the proposition(s) presented to the voters. SECTION 5. The City Council reserves the right to amend or deny any recommendation made by the CBAC. SECTION 6. This Ordinance shall take effect immediately after its passage. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, ON THIS THE 23RD DAY OF MARCH 2021. atthew Porter, Mayor ATTEST: d . °Luau Stephanie Storm, City Secretary Ordinance No. 2021-15 - Establishing A Citizens Bond Advisory Committee