News Flash


Posted on: July 6, 2022

Notice of intention to issue combination tax and revenue certificates of obligation


NOTICE IS HEREBY GIVEN that the City Council of the City of White Settlement, Texas, at its meeting to commence at 6:30 P.M. on August 30, 2022, at its regular meeting place in the City Council Chambers at City Hall, 214 Meadow Park Drive, White Settlement, Texas, or telephonically at the dial-in number and access code published on the City’s website in the event such meeting may not be held in person in accordance with law, tentatively proposes to adopt an ordinance authorizing the issuance of interest bearing certificates of obligation, in one or more series, in an amount not to exceed $6,500,000, for paying all or a portion of the City's contractual obligations incurred in connection with:

(i) constructing and improving streets, roads, alleys, sidewalks, bridges and related utility relocation, drainage, signalization, landscaping, lighting and signage and including acquiring land and interests in land therefor;

(ii) constructing and equipping municipal drainage improvements, including flood control and flood mitigation improvements and acquiring land therefor;

(iii) constructing, acquiring, installing and equipping additions, extensions and improvements to the City’s water and wastewater system and acquiring land and interests in land therefor;

(iv) constructing, acquiring, installing and equipping park and recreational improvements in the City;

(v) renovating, improving and equipping existing City buildings and facilities; and

(vi) paying legal, fiscal, engineering and architectural fees in connection with these projects.


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