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Council publishes notice of intent for up to $142.0 million in COs; members press for more project detail
Summary
Council approved a resolution to publish notice of intent to issue combination tax and limited revenue certificates of obligation; council members asked for clearer project-level detail and raised the prospect of returning some projects to a voter-approved general-obligation bond.
Pflugerville City Council voted to authorize publication of a notice of intent to issue combination tax and limited revenue certificates of obligation (COs) for projects identified in the city's capital improvement program (CIP). The notice sets the maximum amount the city could issue and begins the formal public notification process.
Tracy Waldron, finance director, told the council that the $83…
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