Summary

Council approves major water project financing

Mineral WellsFeb 3, 20262 min read

At a glance

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The City Council approved financing for water system improvements, including up to $21 million in certificates of obligation, $48.78 million in taxable certificates awarded to the Texas Water Development Board, and a $10 million principal-forgiveness agreement.

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Texas Water Development

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City Council

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Budget & TaxCommerceElectionsUtilities

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What this means

The approvals provide funding for a water treatment plant, raw water intake structure, pump station, and transmission line. The council also approved changes to residential and commercial solid waste fees, but the minutes do not state the new fee amounts. A zoning ordinance was adopted to prohibit smoke, tobacco, vape, and head shops while allowing cigar shops and lounges in specified districts.

Key decisions

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Approved up to $21 million in Combination Tax and Subordinate Lien Revenue Certificates of Obligation for water system improvements by a 6-0 vote, with Councilmember Rusher absent.
Approved $48.78 million in taxable certificates of obligation for water system improvements and awarded their sale to the Texas Water Development Board by a 6-0 vote, with Councilmember Rusher absent.
Approved a $10 million principal-forgiveness agreement for water system improvements by a 6-0 vote, with Councilmember Rusher absent.
Authorized three construction accounts for the water improvement financing and grant agreement by a 6-0 vote, with Councilmember Rusher absent.
Approved the fifth amendment to the solid waste collection and disposal contract.
Adopted changes to the Master Fee Schedule reflecting residential and commercial solid waste fee changes; the revised amounts are unavailable in the minutes.
Adopted zoning regulations prohibiting smoke/tobacco shops, vape shops, and head shops in all zoning districts and establishing permissible zoning districts for cigar shops and lounges.
Approved the May 2, 2026 Order of Election for a Mayor and councilmembers with expiring terms.

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