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Liberty Hill council approves notice to seek $18.55 million in certificates to fund advanced water purification plant
Summary
Council voted to publish notice of intent to issue up to $18,550,000 in combination tax and revenue certificates of obligation to help finance the Advanced Water Purification Facility (AWPF); the city expects $10 million of the TWDB award to be forgivable, with the remaining financing repaid from utility revenues.
Liberty Hill — The City Council on Tuesday voted unanimously to publish a notice of intent to issue up to $18,550,000 in combination tax and revenue certificates of obligation to help finance the city’s Advanced Water Purification Facility, a multi‑year project scheduled to begin construction in 02/2027 and complete by 2030 if all goes to plan.
Dan Wegmiller of Specialized Public Finance, who presented the financing plan, said the project was awarded a package from the Texas Water Development Board worth…
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