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Pleasanton council approves $11.05M TWDB loan request, $35M volume‑cap reservation and investment pool participation
Summary
Council adopted a package of finance and investment resolutions: a $11,048,500 TWDB loan request for utility improvements, a $35,000,000 volume‑cap carry‑forward for Main Street Apartments, and authorizations to join investment pools (U.S. Fixed Income Trust and TexasCLASS).
Pleasanton — The City Council on Dec. 5 approved several finance and investment actions to support utility improvements and future housing development.
Council adopted resolution 320‑24 authorizing the city to request financial assistance from the Texas Water Development Board in the principal amount of $11,048,500 for construction of public improvements to the city’s utility system. Missus Hartman moved the resolution; council members asked…
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