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Bonham authorizes up to $1.35 million in contractual obligations to fund equipment purchases
Bonham City Council · February 9, 2026
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Summary
The Council approved an ordinance authorizing issuance of Texas Public Property Finance Contractual Obligations, Series 2026, to fund vehicle and equipment purchases (total equipment cost cited as $1,197,190.14) and shifted debt service to the I&S portion of the tax rate; the authorization was capped at $1,350,000.
The Bonham City Council on Feb. 9 approved an ordinance authorizing the issuance and sale of City of Bonham, Texas Public Property Finance Contractual Obligations, Series 2026, to finance the acquisition of vehicles and…
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