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Weslaco reallocates $4 million in 2023 certificates of obligation from a proposed municipal pool to parks, drainage and street improvements

3378460 · May 7, 2025
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Summary

Commissioners approved Resolution 2025-35 to shift $4 million originally earmarked for a municipal pool to park improvements, drainage and street work after a feasibility study found the pool financially unfeasible.

The Weslaco City Commission on Wednesday approved Resolution 2025-35 to reallocate $4 million in proceeds from the city’s 2023 certificates of obligation. Staff recommended moving funds previously assigned to a proposed municipal pool to cover cost overruns and priority infrastructure projects including Pablo Pena Park, Isaac Rodrigo Park drainage improvements and street work.

City staff said a feasibility study concluded the planned municipal pool would be financially unfeasible because of projected operating deficits. Commissioners had previously discussed alternatives in a series of workshops and staff characterized the reallocation as consistent with the direction provided during those sessions.

Commissioner Reyes moved to approve the reallocation; Commissioner Gonzales seconded and the motion passed by voice vote.

Why it matters: The reallocation keeps $4 million in municipal bond-authorized spending under city control while prioritizing infrastructure and drainage work that staff and commissioners said require immediate attention.

Next steps: Staff will apply the reallocated funds toward park improvement budget overruns and drainage and street projects identified in the city’s capital plan.