Approve an ordinance authorizing the issuance of City of Austin, Water and Wastewater System Revenue Bond, Series 2026B (Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project)(WIFIA ID - 23123TX) and a direct loan agreement for the purchase of the bond with the United States Environmental Protection Agency in a par amount not to exceed $1,000,000,000 in accordance with the parameters set out in the ordinance, authorizing related documents, and approving the payment of cost o

Staff Report & Agenda Item Details

Approve an ordinance authorizing the issuance of City of Austin, Water and Wastewater System Revenue Bond, Series 2026B (Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project)(WIFIA ID - 23123TX) and a direct loan agreement for the purchase of the bond with the United States Environmental Protection Agency in a par amount not to exceed $1,000,000,000 in accordance with the parameters set out in the ordinance, authorizing related documents, and approving the payment of cost of issuance. Funding: Fiscal Year 2025-2026 debt service requirements for the proposed bond issuance are included in the Combined Utility Revenue Bond Redemption Fund.