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Resident objects to $260 million certificates of obligation for Austin Water; cites lack of project detail
Summary
A longtime conservation advocate told council the proposed $260 million in certificates of obligation for Austin Water lacks adequate project-level notice and urged greater focus on conservation and reuse rather than treatment-plant expansion.
A member of the public criticized a consent item that would authorize issuance of $260 million in certificates of obligation for Austin Water projects, saying the council’s backup materials did not provide adequate project-level detail.
Bill Bunch, executive director of the Save Our Springs Alliance and a longtime District 5 resident, told the council the notice and backup for the financing are…
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