Title
Consider an Ordinance Authorizing the Issuance of City of Round Rock, Texas General Obligation Bonds, Series 2026; Levying an Ad Valorem Tax in support of the Bonds; Approving an Official Statement and other Related Documents; Awarding the Sale of the Bonds and Authorizing other matters relating to the Bonds. (First Reading, Second Reading Not Required)
Body
This item will award the sale of the bonds in the aggregate principal amount of $100,000,000 for paying all or a portion of the City’s contractual obligations incurred or to be incurred for (1) parks, recreation, and sports projects and facilities comprised of: a new recreation center building that also includes parks and recreation administrative offices, an outdoor track, multi-purpose athletic fields, tennis complex relocation, Lakeview Pavilion improvements, Rock’N River Water Park expansion, Clay Madsen Recreation Center remodel, Play for All Park improvements, and systemwide park improvements; (2) public safety projects and facilities, comprised of: improving the City’s Public Safety Training Center, relocation of the Central Fire Station and two new fire stations; and (3) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Bonds.