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Court hears financing options for annex renovation, approves design-team amendment under previously authorized cap
Summary
County consultants outlined financing options for an estimated $11.5 million annex project (tax notes, certificates of obligation, and bonds) and said tax notes could be the fastest route; commissioners approved Annex Design Team ASR #2 for $18,580, below a previously authorized $35,000 cap.
Gonzales County received a briefing from county project manager John Duke and advisors from bond counsel Bickerstaff and financial advisor RBC Capital Markets on financing options for an estimated $11.5 million annex renovation project. The court then approved a design-team amendment for the annex.
Gregory Miller of Bickerstaff described the bond-counsel role, saying the firm evaluates legal authority, prepares documents, and submits the bond transcript to the Texas Attorney General for review. "We help you evaluate the project, fit it within existing…
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