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The City Council unanimously approved issuing up to $51 million in combination tax and limited surplus revenue certificates of obligation and authorized a tax to repay them. It also unanimously approved zoning for a conditional-use permit allowing an elementary school at 3719 and 4000 Moon Drive.
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The bond authorization allows Mesquite to sell up to $51 million in certificates of obligation, a form of city borrowing backed in part by tax revenue. The minutes do not identify the projects or services to be funded with the bonds. Council also approved zoning needed for a new elementary school at the Moon Drive properties and received financial statements covering October 1, 2025, through March 31, 2026.
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