The Victoria County Commissioners Court approved notices of intent to issue certificates of obligation (COs) for improvements to Citizens Medical Center and for county projects and received a draft memorandum of understanding with the hospital. Court members also approved a payment application for the hospital ICU expansion.
The court received a draft memorandum of understanding with the Citizens Medical Center board regarding the county issuing COs to finance hospital construction, renovation and equipment. By separate votes the court approved two resolutions (2025-062 and 2025-063) authorizing publication and posting of notices of intent to issue COs for hospital and general county improvements. County staff said the resolutions start a 45-day clock; adoption of any COs and final deal sizes will come back to the court for approval.
Bond counsel attendee Bob Henderson emphasized these resolutions set “not to exceed” maximums and are a procedural step to begin the process, not a commitment to final transactions. County staff said, because of the timing, the budget calendar will shift: the court now plans to adopt the fiscal budget and tax rate on Sept. 29 rather than the earlier September date.
Separately the court approved payment application number 14 to Forney Construction LLC for $922,677.73 related to the ICU expansion at Citizens Medical Center. County staff said the project is expected to be completed around January and noted prior interim vendor payments and ACH disbursements reported earlier in the meeting.
The court took the votes to begin the CO notice process and to approve the hospital payment; staff will return with final CO sizing and any required budget actions for later consideration.