Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Paris City Council approves tax notes, developer agreement, new donation-box rules, fee changes and 2024 building codes
Summary
At its April 27 meeting the Paris City Council unanimously approved issuance of $2.4 million in tax notes to fund a police roof and a planned fire truck, a developer-funded professional services agreement for Forest Brook Boulevard, an ordinance regulating donation boxes, amendments to permit fees and adoption of the 2024 building codes.
The Paris City Council on April 27 voted unanimously to approve a package of financing and regulatory measures, taking steps the city said will fund building repairs and clarify construction and public-rights-of-way rules.
Council accepted a bid for City of Paris, Texas, tax notes series 2026 and authorized issuance to raise $2,400,000 for two priority projects: replacement of the police-department roof and advancing an order for a new fire truck. Jack McCliney of Samco Capital Markets said the note sale drew eight bids and produced a true interest cost of 2.89 percent; he recommended awarding the bonds to Hilltop Securities, a recommendation the council approved 5–0. "We came back with 8 bids… with a true interest cost of 2.89," McCliney said.
The council also approved a resolution to enter a professional services agreement with Lone Star Developments LLC tied to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
