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Robinson council approves notice to issue up to $33 million in certificates of obligation; schedules town halls on street program
Summary
Council approved a resolution to publish notice of intent to issue up to $33,000,000 in certificates of obligation to fund streets and utilities projects, set two town halls for public input, and directed staff to prepare public materials on tax impacts and project selection.
The Robinson City Council approved Resolution 2025-007-R to publish notice of its intent to issue up to $33,000,000 in certificates of obligation to fund street improvements and utility projects, and the council scheduled two town-hall meetings—June 16 and July 8—to present details and gather public feedback.
Councilmembers and staff discussed two financing options during the meeting: a smaller package (approximately $25,000,000) and a larger package (approximately $33,000,000, option 2). Staff presented preliminary tax-rate estimates associated with the packages: one presentation item showed an estimated tax-rate impact of about 6.11 for the $25,000,000 scenario and about 8.75 for the $33,000,000 scenario; another comment referenced an estimated property-tax rate “approximately 10.918” tied to a version of option 2. The transcript does not specify the units for those figures or whether they are mills or another tax-rate unit; staff labeled them as preliminary estimates.
Craig, a staff member who oversees street work, told the council…
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