Item 9 Passed 10-0
Approve an ordinance authorizing the issuance and sale of one or more series of City of Austin, Texas, Special Tax Revenue Bonds, Series 2025 (Convention Center Project), in a par amount not to exceed $650,000,000 to fund the Convention Center expansion project, 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 October 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 Convention Center Hotel Occupancy Tax Revenue 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