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Jersey Village advances multiple bond and certificate steps for water, streets and city campus; council approves publication notices
Summary
The council approved resolutions to publish notices and authorize issuance steps for general obligation bonds and certificates of obligation to fund water and sewer projects, street work and the proposed city campus. Financial advisors warned of market volatility and state bill HB 19's potential impact.
The Jersey Village City Council on May 14 approved a set of resolutions advancing the city’s planned borrowings: a resolution authorizing issuance of remaining voter-approved general obligation (G.O.) bonds for water/sewer and streets and two notices of intent to issue Certificates of Obligation (COs) not to exceed $24 million for the proposed city campus (Series 2025A) and up to $20 million for water and sewer projects (Series 2025B).
City Manager Austin Blais and financial advisor John Robock (BOK Financial)…
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