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Crockett council authorizes publication of notice of intent for certificates of obligation to fund fire and police vehicles

City of Crockett City Council · July 15, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved publishing a notice of intent to issue certificates of obligation to finance a Class A fire pumper, ladder truck refurbishment and four police pursuit vehicles; financial adviser said the likely issuance could raise the tax rate by roughly two cents under conservative assumptions.

Council approved a resolution authorizing publication of a notice of intent to issue certificates of obligation to finance public-safety vehicles and associated equipment. Staff framed the item as a notification step required before soliciting bids; Ben Rosenberg (financial adviser) explained…

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