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Lytle council authorizes notice of intent to issue up to $6 million in certificates of obligation
Summary
Council approved Resolution No. 26-02 to publish and post notice of intention to issue certificates of obligation with a maximum principal amount not to exceed $6,000,000. The action passed 4-0 on Jan. 12, 2026.
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The council approved Resolution No. 26-02 to publish notice of intention to issue the city's certificates of obligation in a principal amount not to exceed $6,000,000.
Alderman David Emery moved for approval, seconded by Alderwoman Anna Carrillo; the minutes record a 4-0 vote in favor. The resolution covers publication and posting of required notices as part of the statutory process to issue certificates of obligation.
The minutes do not include details about the proposed projects or the planned use of proceeds; those details typically appear in the resolution text or subsequent financing documents.
