Summary

Council Approves Major Utility Financing

New BraunfelsMay 11, 20262 min read

At a glance

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The council unanimously approved utility financing measures, including up to $125 million in commercial paper notes, bonds for drinking-water lead service line replacement, and a $510,000 principal-forgiveness agreement. It also approved a June 13 runoff election for the mayoral seat and City Council District 6.

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Texas Water Development Two-Family Airport Hazard Overlay Neighborhood Business Airport Hazard Overlay

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City Council

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Budget & TaxElectionsUtilities

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What this means

The financing approvals authorize borrowing for eligible utility-system projects and support drinking-water lead service line replacement. The council also ordered a June 13 runoff election for the mayoral seat and District 6; the minutes do not identify the candidates or the certified election winners. Two rezoning requests were approved, while the downtown parking revenue reinvestment plan was postponed to a May 18 special meeting.

Key decisions

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Approved utility system revenue and refunding bonds for the waterworks, sanitary sewer, and electric light and power systems.
Approved taxable utility system revenue bonds tied to the Drinking Water State Revolving Fund Lead Service Line Replacement Program.
Approved a $510,000 principal-forgiveness agreement.
Approved utility system commercial paper notes in an aggregate principal amount not to exceed $125,000,000 for interim project financing.
Approved an application to the Water Supply and Infrastructure Grant Program.
Approved the canvass and results of the May 2, 2026 general election; the vote passed with Councilmember Toni Carter opposed. The minutes do not state the election results.
Ordered a June 13, 2026 runoff election for the mayoral seat and City Council District 6; the vote passed with Councilmember Toni Carter opposed.
Approved rezoning approximately 2.112 acres near East Bridge Street, East Mill Street, North Market Avenue, and East San Antonio Street to a high-intensity mixed-use district with a special use permit; the mayor abstained and Councilmember Toni Carter opposed.
Approved rezoning approximately 1.5 acres at 222 and 224 Alves Lane to a neighborhood business district with an airport hazard overlay; Councilmembers Toni Carter and Mary Ann Labowski opposed.
Postponed the Downtown Parking Revenue Reinvestment Annual Plan to the May 18 special meeting.
Approved the consent agenda, including contracts for park cleanup, sports park sponsorship solicitation, and as-needed road construction work.

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