Approve an ordinance authorizing the issuance and sale of tax-exempt City of Austin, Texas Public Property Finance Contractual Obligations, Series 2025, in an amount not to exceed $40,800,000, to be used for vehicles, Emergency Medical Services equipment, Austin Police Department equipment, and cloud computing, 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.
25-1349 · Consent · Passed