Approve an ordinance authorizing the issuance and sale of tax-exempt City of Austin, Texas, Water and Wastewater System Revenue Refunding and Improvement Bonds, Series 2026, in a par amount not to exceed $575,000,000 to refinance up to $450,000,000 of short-term commercial paper into long term bonds, refinance up to $75,000,000 of outstanding Austin Water revenue bonds, and fund up to $50,000,000 of additional capital improvements related to the Walnut Creek Wastewater Treatment Plant, in accordance with the parameters set out in the ordinance, authorizing related documents, approving the payments of the costs of issuance, and providing that the issuance and sale be accomplished by September 12, 2026. Funding: Fiscal Year 2025-2026 debt service requirements and estimated annual administration fees for the paying agent/registrar for the proposed bond sale are included in the Fiscal Year 2025-2026 Approved Budget of the Combined Utility Bond Redemption Fund.

The roll call

Official votes