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Council authorizes $X million certificates of obligation to fund water and wastewater projects after high credit ratings
Summary
Weatherford council adopted an ordinance authorizing sale of Certificates of Obligation Series 2025 to fund water plant expansion, elevated tank, trunk line and lift station projects; city secured strong credit ratings and favorable interest results.
The Weatherford City Council authorized issuance and sale of tax and utility system limited‑pledge revenue certificates of obligation (Series 2025) to fund critical water and wastewater capital projects, following presentation of rated sale results that yielded favorable pricing.
The certificates will fund the Water Purification Plant expansion, a new elevated storage tank at West Park Pump Station, Lift Station 17 expansion and the Town Creek main trunk line — projects the city described as necessary to maintain Texas…
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