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Comal County authorizes publication of notice to issue certificates of obligation for jail expansion
Summary
Following briefings by its financial advisor and bond counsel, the Commissioners Court approved publishing notice to begin the 46-day waiting period to issue certificates of obligation to fund a proposed jail expansion; officials said inmate transport costs were about $179,000 and the sale is expected to return to court in September.
Comal County's financial advisor and bond counsel asked the Commissioners Court to publish notice of the county's intention to issue certificates of obligation to fund projects that include a proposed jail expansion. Duane Westerman, the county's financial advisor, said publishing the notice starts a statutorily required waiting period; Matt Lee, bond counsel, confirmed the first publication is scheduled for the next day and that the sale would be considered at least 46 days later at a September court meeting.
County leadership framed the financing around public-safety needs tied to a jail expansion. The County Judge said the county was spending about $179,000 to ship inmates out of county and that expanding local capacity would reduce transport costs and operational burdens. The court voted to publish notice; bond counsel and advisors will prepare documents in the interim and return with an authorization to issue certificates of obligation after the statutory waiting period.
