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Lake Jackson approves two 2025 bond ordinances totaling about $40 million
Summary
The Lake Jackson City Council on July 21 approved two first-and-final-reading ordinances to issue a combined roughly $40 million in municipal bonds for general projects and waterworks and sewer improvements. Council took voice votes after suspending the usual second-reading requirement.
The Lake Jackson City Council approved two bond ordinances on July 21, authorizing a combined issuance of roughly $40 million to fund capital projects and utility work.
The council adopted Ordinance No. 2303 authorizing the issuance of City of Lake Jackson limited tax bonds, series 2025, and Ordinance No. 2304 authorizing City of Lake Jackson Waterworks and Sewer System revenue bonds, series 2025. Council members moved and seconded suspension of the rules to allow each ordinance to be considered on first and final reading, then voted to adopt both ordinances.
Bond sale results presented to the council…
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