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Burleson council authorizes COs and GO bonds to finance police HQ and CIP
Summary
On first and final reading the council approved parameter ordinances authorizing $45.2 million in Certificates of Obligation and about $8.5 million in General Obligation bonds to fund the police headquarters expansion and other CIP projects, delegating final sale authority to staff within set limits.
The Burleson City Council voted unanimously Aug. 4 to authorize bond‑issuance parameter ordinances: Certificates of Obligation (COs) and a General Obligation (GO) bond series to fund the police headquarters expansion and other capital projects.
Deputy City Manager Harlan Jefferson presented the financing plan and the role of parameter ordinances, explaining these ordinances set limits…
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