NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the Commissioners Court of Travis County, Texas (the "County"), will meet at its regular meeting place in the Commissioners Court Room on the first floor, 700 Lavaca Street, Austin, Texas at 9:00 a.m. on Tuesday, April 28, 2026, which is the time and place tentatively set for the passage of an order and such other action as may be deemed necessary to authorize the issuance from time to time of one or more series of the County's certificates of obligation (the "Certificates"), in the maximum aggregate principal amount not to exceed ONE HUNDRED THIRTY-EIGHT MILLION EIGHT HUNDRED SEVENTY-FIVE THOUSAND DOLLARS $138,875,000, payable from ad valorem taxes and from a limited pledge of certain surplus revenues of the County's solid waste disposal system in an amount not to exceed $1,000, bearing interest at any rate or rates not to exceed the maximum interest rate authorized by law, as shall be determined within the discretion of the County Commissioners Court on or before the date of issuance of the Certificates, and maturing over a period not to exceed twenty (20) years from the date of issuance, for the purpose of evidencing the indebtedness of the County for all or any part of the costs associated with (i) constructing and improving County roads, including bridge construction and improvement, utility relocation, safety and signalization improvements, related road drainage, bike lane and sidewalk improvements, and acquiring land and right-of-way in connection therewith; (ii) constructing and improving County parks; (iii) improving, renovating and equipping existing County buildings; (iv) acquiring, constructing and improving judicial and public safety facilities; (v) acquiring County vehicles, equipment and heavy equipment for authorized purposes; and (vi) professional services of attorneys, engineers and other professionals in connection with the above-described purposes, and the costs of issuance of the Certificates, including but not limited to fees for professional services and incidental expenses related to such purposes. The estimated combined principal and interest required to pay the Certificates on time and in full is $181,704,732.18. Such estimate is provided for illustrative purposes only and is based on an assumed interest rate of 4.10%. Market conditions affecting interest rates vary based on a number of factors beyond the control of the County, and the County cannot and does not guarantee a particular interest rate associated with the Certificates. As of the date of this notice, the aggregate principal amount outstanding of tax-supported debt obligations of the County is $1,073,375,000 and based on the County's expectations, as of the date of this notice the combined principal and interest required to pay all of the outstanding tax-supported debt obligations of the County on time and in full is $1,403,943,078.
COMMISSIONERS COURT
TRAVIS COUNTY, TEXAS
March 3, 2026
March 6, 13 2026
IPLAAS0128979