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Live Oak council reviews investment plan, updates procurement rules and raises two permit penalties; votes unanimous
Summary
At its Oct. 14 meeting, the Live Oak City Council reviewed its investment policy and list of authorized brokers, adopted a procurement policy updating the competitive-bidding threshold to $100,000 under state law, and approved amendments to the city fee schedule increasing two penalties; all measures passed on unanimous votes.
Live Oak, Texas — The Live Oak City Council on Oct. 14, 2025, unanimously approved a set of administrative measures that city officials said align local rules with state law and current market conditions: a review of the city's investment policy and list of authorized brokers, adoption of an updated procurement policy reflecting a new state competitive-bidding threshold, and an ordinance amending portions of the city fee schedule to increase two penalty amounts.
The actions matter because they set how the city invests cash, how it buys goods and services, and how it penalizes certain permitting violations. Council members and staff said the changes are administrative updates intended to bring policies into conformity with state law and local practice rather than to change the city's overall spending or oversight approach.
City staff said the city's annual review of its investment policy was conducted by the investment committee, which includes the mayor, the city manager and a staff member on the committee. Mr. Gualik, a member of that…
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