Posting Language
Title
Approve an ordinance authorizing the issuance and sale of taxable City of Austin, Texas Certificates of Obligation, Taxable Series 2026, in a par amount not to exceed $13,600,000, in accordance with the parameters set out in the ordinance, authorizing related documents, and approving the payment of the costs of issuance, and all related fees. Funding: The Fiscal Year 2026-2027 debt service requirements and estimated annual administration fees for the paying agent/registrar for the proposed bond sale are included in the Fiscal Year 2026-2027 Operating Budget of the General Obligation Debt Service Fund.
Body
Lead Department
Austin Financial Services.
Fiscal Note
The Fiscal Year 2026-2027 debt service requirements and estimated annual administration fees for the paying agent/registrar for the proposed bond sale are included in the Fiscal Year 2026-2027 Operating Budget of the General Obligation Debt Service Fund.
Prior Council Action:
Reimbursement Resolutions approved by Council:
Resolution 20130909-009
Resolution 20180911-007
Resolution 20190910-006
Resolution 20230914-017
Notice of Intention to issue certificates was approved May 28, 2026.
For More Information:
Belinda Weaver, Treasurer, Austin Financial Services, 512-974-7885.
Additional Backup Information:
On May 28, 2026, Council authorized publication of an Official Notice of Intention to Issue Certificates of Obligation ("Notice of Intention"). State law requires that a Notice of Intention be published once a week for two consecutive weeks with the date of the first publication occurring at least 45 days prior to the adoption of the ordinance authorizing the issuance of the Certificates of Obligation by the City. State law also requires that the Notice of Intention be continuously posted on the City's internet website. These notices were published June 7, 2026, and June 14, 2026, and were posted on the City's internet website on June 5, 2026, and included descriptions of the proj...
Click here for full text