City of Mineral Wells, Texas Special Joint Meeting 10/05/2024

California County Municipal Water District No. 1 & City of Mineral Wells · October 15, 2024

0:00/15m

15:22

0:00

5:00

10:00

15:00

Call to order / public comment check

0:42 → 0:53(10s)

Meeting called to order and staff checked for public commenters. Speaker 1 opened the session and asked Sharon about signed public comments.

Speakers:Unidentified Speaker 1

The California County Municipal Water District No. 1 board and the City Council of Mineral Wells approved a package of revenue bonds totaling roughly $60 million to fund year 1 construction of the Turkey Peak Reservoir project, including dam work, Ward Mountain Road and utility relocations. The Texas Water Development Board has committed up to $200 million in multi‑year funding; bond terms include a 30‑year amortization and blended tax‑exempt/taxable structure.

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Transcript

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