Council Advances Borrowing for Street Improvements
New BraunfelsJul 27, 20262 min read
At a glance
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The City Council unanimously authorized proceeding with the issuance of Series 2026 combination tax and revenue certificates of obligation and approved a related plan to reimburse prior street and drainage improvement costs from tax-exempt borrowing proceeds.
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What this means
The action moves the city toward borrowing for authorized projects, including street and drainage improvements, but the minutes do not state the final borrowing amount. Council also approved a rezoning that would allow a short-term rental at 256 East Austin Street, while postponing two other rezoning requests. A $223,160 modular building for Parks Operations and a FY 2026 Special Revenue Fund budget amendment were also approved; the budget amendment passed with the mayor opposed.
Key decisions
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Unanimously authorized proceeding with the issuance of Series 2026 combination tax and revenue certificates of obligation and directed publication of a notice of intent.
Unanimously approved a resolution allowing the city to reimburse prior lawful street and drainage improvement expenditures from proceeds of future tax-exempt obligations.
Approved rezoning approximately 0.3 acres at 256 East Austin Street to a Commercial Office District with a special use permit allowing a short-term rental; Councilmember Shaw opposed.
Postponed the proposed rezoning at 1038 and 1042 Seidel Street to the August 24, 2026 City Council meeting.
Postponed the proposed rezoning at 474 North Guenther Avenue; the minutes do not specify a new date.
Approved a $223,160 expenditure for a modular Parks Operations building.
Approved a FY 2026 Special Revenue Fund budget amendment, with Mayor French opposed.
Approved a Fire Department contract for preventive maintenance and as-needed repairs of Pierce emergency apparatus equipment.
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