Posting Language
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Approve an ordinance authorizing the issuance of City of Austin, Water and Wastewater System Revenue Bond, Series 2026B (Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project)(WIFIA ID - 23123TX) and a direct loan agreement for the purchase of the bond with the United States Environmental Protection Agency in a par amount not to exceed $1,000,000,000 in accordance with the parameters set out in the ordinance, authorizing related documents, and approving the payment of cost of issuance. Funding: Fiscal Year 2025-2026 debt service requirements for the proposed bond issuance are included in the Combined Utility Revenue Bond Redemption Fund.
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Lead Department
Austin Financial Services
Fiscal Note
Fiscal Year 2025-2026 debt service requirements for the proposed bond issuance are included in the 2025-2026 Combined Utility Revenue Bond Redemption Fund.
Prior Council Action:
March 12, 2026 - City council approved Resolution 20260312-025 authorizing the low-interest loan from the United States Environmental Protection Agency's Water Infrastructure Finance and Innovation Act loan program for the Walnut Creek Wastewater Treatment Plant expansion and enhancements projects.
July 18, 2024 - Council approved Resolution 20240718-004 authorizing the application for a low-interest loan from the United States Environmental Protection Agency's Water Infrastructure Finance and Innovation Act loan program for the Walnut Creek Wastewater Treatment Plant expansion and enhancements projects.
For More Information:
Belinda Weaver, Treasurer, Austin Financial Services, 512-974-7885.
Additional Backup Information:
City Council authorized the City Manager to apply for up to $1,000,000,000 of funding from the United States Environmental Protection Agency (USEPA) for a federal low-interest loan as part of the USEPA's Water Infrastructure Finance and Innovation Act (WIFIA) loan program for the Walnut Creek Wastewater Treatment Plant (WWTP...
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