Y'ALL, City Hall

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← Thursday, October 23, 2025

Item 7 Passed 10-0

Approve an ordinance authorizing the issuance and sale of City of Austin, Texas Electric Utility System Revenue Refunding Bonds, Series 2025 (Series 2025 Bonds), in a par amount not to exceed $475,000,000 to refinance up to $225,000,000 of tax-exempt commercial paper and refinance certain maturities of Series 2015A Electric Utility System Revenue Refunding Bonds, in accordance with the parameters set out in the ordinance; authorizing related documents; approving the payment of costs of issuance; and providing that the issuance and sale be accomplished by April 23, 2026. Funding: 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 Fiscal Year 2026 Operating Budget of the Combined Utility Bond Redemption Fund.

The roll call

Approved on Consent 10-0

  • Kirk Watson Mayor Yes
  • Natasha Harper-Madison D1 Yes
  • Vanessa Fuentes D2 Absent
  • José Velásquez D3 Yes
  • José "Chito" Vela D4 Yes
  • Ryan Alter D5 Yes
  • Krista Laine D6 Yes
  • Mike Siegel D7 Yes
  • Paige Ellis D8 Yes
  • Zohaib "Zo" Qadri D9 Yes
  • Marc Duchen D10 Yes

Official votes