The Hutto City Council on Nov. 6 voted 7–0 to authorize publication of a notice of intent to issue combination tax‑and‑revenue certificates of obligation for a total of $72,559,144 to fund four identified wastewater projects.
Finance director Alberta Barrett presented the item and said the notice would include the four wastewater projects listed in the resolution; Barrett introduced bond counsel Bart Fowler and financial adviser Andre Ayala to address technical questions. "For this item tonight is to authorize the notice to of intent to issue certificates of obligation, series 2026, a combination tax and revenue CO, for a total of $72,559,144 for the 4 wastewater projects that we have listed there," Barrett said.
Council member Thompson moved to approve Resolution R‑2025‑326 to authorize the notice of intent; the motion passed unanimously.
Why it matters: Certificates of obligation are a form of city debt that can be used to fund public works projects. Publishing a notice of intent starts the statutory and administrative process leading to bond issuance and scheduling; it does not itself issue bonds. The projects financed are wastewater improvements the city has identified as necessary to serve current and planned growth.
What comes next: Staff, bond counsel and the city’s financial adviser will complete required disclosures and move forward with subsequent steps to issue Certificates of Obligation, consistent with the timeline and public-notice procedures in the resolution.
Speakers quoted in this article include the finance director and bond counsel who presented the financing proposal during the council meeting, as reflected in the public record.