Posting Language
Title
Approve a resolution directing the publication of an Official Notice of Intention to Issue $717,510,000 City of Austin, Texas, Certificates of Obligation, Series 2025 in one or more series related to fire and emergency medical service stations, administrative buildings, family violence shelters, bridges and dams, public safety facilities and operations, park improvements, the Waterloo confluence, street and road improvements, and Waller Creek District improvements. Funding: The fee to advertise the sale will be included in the upcoming bond sale's cost of issuance and is estimated to cost $3,000. Debt service resulting from the actual sale of the Certificates of Obligation will be included in the Fiscal Year 2025-26 Proposed Operating Budget of the General Obligation Debt Service Fund and is currently estimated at $57,575,500.
Body
Lead Department
Financial Services Department
Fiscal Note
The fee to advertise the sale will be included in the upcoming bond sale's cost of issuance and is estimated to cost $3,000. Debt service resulting from the actual sale of the Certificates of Obligation will be included in the Fiscal Year 2025-26 Proposed Operating Budget of the General Obligation Debt Service Fund and is currently estimated at $57,575,500.
Prior Council Action:
Reimbursement Resolutions approved by City Council:
Resolution 20130909-009
Resolution 20150908-007
Resolution 20170913-006
Resolution 20180809-025
Resolution 20180911-007
Resolution 20190910-006
Resolution 20200827-005
Resolution 20210902-067 and Resolution 20210902-068
Resolution 20220915-002
Resolution 20230223-007
Resolution 20230504-003
Resolution 20230914-017
Resolution 20231109-005
Resolution 20240321-063
Resolution 20240530-022
Resolution 20240926-111
Resolution 20241024-014
Resolution 20241121-017
Resolution 20241212-015
For More Information:
Belinda Weaver, City Treasurer, 512-974-7885
Additional Backup Information:
State law requires publication of an Officia...
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