Approve an ordinance authorizing the issuance and sale of taxable City of Austin, Texas Public Improvement Bonds, Taxable Series 2025, in an amount not to exceed $85,000,000 to be used for affordable housing in accordance with the parameters set out in the ordinance, authorizing related documents, and approving the payment of the costs of issuance, and all related fees. Funding: The Fiscal Year 2026 debt service requirements and estimated annual administration fees for the paying agent/registrar for the proposed bond sale are included in the 2025-26 Proposed Operating Budget of the General Obligation Debt Service Fund.
25-1346 · Consent · Passed