Title
Consider an Ordinance Authorizing the Issuance of City of Round Rock, Texas Combination Tax and Limited Revenue Certificates of Obligation, Series 2026; Levying an Ad Valorem Tax and Pledging certain revenues in support of the Certificates; Approving an Official Statement and other Related Documents; Awarding the Sale of the Certificates and Authorizing other matters relating to the Certificates.(First Reading, Second Reading Not Required)
Body
This item will award the sale of the certificates in the aggregate principal amount of $93,000,000 for paying all or a portion of the City’s contractual obligations incurred or to be incurred for:
(1) Construction, expanding, and equipping a City public works complex comprised of office and administrative facilities for City transportation employees and equipment and for maintenance of City police, fire, utility, and transportation vehicles;
(2) Constructing improving, extending, expanding, upgrading, and/or developing streets, roads, bridges, sidewalks, intersections, traffic signalization, and other transportation improvement projects including related waterworks, sewer and drainage improvements, signage, landscaping, irrigation, purchasing any necessary rights-of-way, and other related transportation costs.
(3) Constructing, improving, renovating, expanding, and equipping Fire Staton No, 11;
(4) Constructing, improving, renovating, expanding, and equipping the City’s Public Safety Training Center and driving track;
(5) Constructing, improving, renovating, expanding, and/or equipping City parks and park facilities and related costs and acquisition of any necessary rights-of-way or land therefore, including for Old Settlers Recreation Center (Athletic Performance Center), Parks Administration Building, and Yonders Point Restroom; and,
(6) Paying related professional services including for construction managers, engineers, architects, attorneys, auditors, financial advisors, fiscal agents, and costs related to issu...
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