Posting Language
Title
Approve an ordinance authorizing the issuance of City of Austin, Texas Special Assessment Revenue Bonds, Series 2026 (Estancia Hill Country Public Improvement District Improvement Area #3), in an amount not to exceed $9,000,000 for certain improvements to support the Estancia Hill Country Public Improvement District Improvement Area #3 and authorizing all related documents and fees. Funding: The bonds will be paid from special assessments levied on the property within Improvement Area #3 of the Estancia Hill Country Public Improvement District. No ad valorem taxes or other revenue of the City are pledged to the payment of the debt.
Body
Lead Department
Austin Financial Services
Fiscal Note
The bonds will be paid from special assessments levied on the property within Improvement Area #3 of the Estancia Hill Country Public Improvement District. No ad valorem taxes or other revenue of the City are pledged to the payment of the debt.
Prior Council Action:
September 25, 2025 - Council approved Ordinance No. 20250925-062 approving the 2025 Amended and Restated Service and Assessment Plan for the Estancia PID, adopting the Improvement Area #3 assessment roll, levying assessments for the property in Improvement Area #3, and authorizing a Reimbursement Agreement.
November 18, 2021 - Council approved Ordinance No. 20211118-012 approving the 2021 Service Plan Update to reallocate Improvement Area #2 assessments and declare an emergency.
December 13, 2018 - Council approved Ordinance No. 20181213-093 authorizing the issuance of $4,265,000 in City of Austin, Texas Special Assessment Revenue Bonds, Series 2018.
December 13, 2018 - Council approved Ordinance No. 20181213-094 authorizing the issuance of $8,305,000 in its City of Austin Special Assessment Revenue Bonds, Series 2018.
December 13, 2018 - Council approved Ordinance No. 20181213-095 adopting an amended and restated service and assessment plan.
June 28, 2018 - Council approved Ordinance...
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