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Waxahachie approves $22.2 million certificates of obligation for streets, parks, public safety and wastewater
Summary
The council adopted an ordinance authorizing the issuance of $22.2 million in certificates of obligation to fund multiple capital projects in the city’s capital improvement plan; staff said proceeds will be available in September and repaid via property taxes and wastewater fees.
The Waxahachie City Council voted Monday to authorize the issuance of $22.2 million in combination tax-and-revenue certificates of obligation to fund projects in the city’s capital improvement plan, covering streets, parks, public safety and wastewater work.
Chad, a city staff member, told the council the total bond issuance would be used for a range of capital projects: “The total bond issuance is…
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