NOTICE OF INTENTION TO ISSUECERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of Austin, Texas, to issue one or more series of interest bearing certificates of obligation of the City to be entitled "City of Austin, Texas Certificates of Obligation", for the purpose of paying contractual obligations to be incurred by the City in connection with:
1. acquiring, constructing, renovating and equipping public safety facilities, including fire and emergency medical service stations and a protective shelter for victims of domestic violence;
2. acquiring, constructing, renovating, and equipping municipal park and recreational improvements, including parkland and open space, hiking trails, pedestrian bridges and related infrastructure for such improvements;
3. acquiring, constructing, renovating and equipping administrative offices for the City;
4. acquiring, constructing, renovating and equipping drainage improvements in the City, including improvement to Longhorn Dam;
5. acquiring, constructing and improving streets, roads, alleys, bike lanes and sidewalks, and related utility relocation, drainage, signalization, landscaping, lighting and signage;
6. acquiring, constructing, renovating, installing and equipping water and wastewater utility improvements;
7. acquiring, constructing, renovating, installing and equipping electric utility improvements;
8. acquiring land and interests in land necessary for such projects; and
9. paying legal, fiscal, engineering and architectural fees in connection with such projects.
The City Council tentatively proposes to authorize the issuance of said series (one or more) of certificates of obligation through the adoption of one or more ordinances at its regular meeting place in the City Hall, 301 W. 2nd Street, Austin, Texas 78701, at a meeting to commence at 10 o'clock, a.m., on August 27, 2026. In the event the City Council will be unable to meet at City Hall on August 27, 2026, the City will post information on its website for attending the meeting by telephone, teleconference, or other electronic means in accordance with applicable law. The maximum amount of certificates of obligation indebtedness that may be authorized to be sold on said date for such purposes described above is $156,265,000. The City Council presently proposes to provide for payment of said series (one or more) of certificates of obligation from the levy of taxes and from a limited surplus revenue pledge (not to exceed $1,000) derived from the operation of the City's solid waste disposal system.
In accordance with the provisions of Subchapter C of Chapter 271, Texas Local Government Code, as amended ("Chapter 271"), the following information set forth in clauses (i) through (vi) below has been provided by the City (excludes $192,190,122.78 principal amount of outstanding debt obligations the City has designated as self-supporting and which the City reasonably expects to pay from revenue sources other than ad valorem taxes; provided, however, that in the event such self-supporting revenue sources are insufficient to pay debt service, the City is obligated to levy ad valorem taxes to pay such debt obligations): (i) the principal amount of all outstanding debt obligations of the City is $2,190,649,877.22; (ii) the current combined principal and interest required to pay all outstanding debt obligations of the City on time and in full is $3,088,211,847.44; (iii) the maximum principal amount of the certificates of obligation to be authorized is $156,265,000; (iv) the estimated combined principal and interest required to pay the certificates of obligation to be authorized on time and in full is $250,782,250; (v) the maximum interest rate for the certificates of obligation may not exceed the maximum legal interest rate; and (vi) the maximum maturity date of the certificates of obligation to be authorized is September 1, 2046. $136,098,153.99 of the outstanding debt obligations referred to in clause (i) above by their terms have a scheduled maturity date (payment date) of September 1, 2026 and will no longer be outstanding upon payment. The resolution designating certain outstanding debt obligations of the City as self-supporting for purposes of Chapter 271 is available upon request to the City at the address noted above.
CITY OF AUSTIN, TEXAS
/s/ Kirk Watson
Mayor
June 7, 14 2026
IPLAAS0144153
Refcode: #IPLAAS01441530
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Hearing date and location: May 21, 2026, meeting convenes at 10:00 AM at Austin City Hall, 301 W. 2nd St., Austin, TX 78701. All speakers must register in advance. Instructions for speaker registration and participation are available at the Austin City Council Meeting Information Center website at https://www.austintexas.gov/council.
Case number C7a-2026-0003, Dog's Head Full Purpose annexation area (approximately 2,614 acres) is in eastern Travis County, located between the Colorado River, US Highway 183, and State Highway 130. The area is currently in Austin's extraterritorial jurisdiction and is adjacent to the City of Austin's current full purpose jurisdiction boundary.
Additional information regarding annexation is available on the City's website at https://www.austintexas.gov/planning/annexation. For further information, contact Kate Castles at 512-974-2709 or kate.castles@austintexas.gov.
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IPLAAS0139395
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The meeting will be held online and viewable at http://www.atxn.tv To find out how to participate in the meeting go to the following website: https://www.austintexas.gov/department/city-council/council/council_meeting_info_center.htm
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Amend City Code Title 25 (Land Development) to create new density bonus zoning districts and establish regulations and requirements that apply to new density bonus zoning districts including allowing additional building height, modifying uses, and modifying site development regulations in exchange for providing affordable housing and other community benefits; to modify Rainey Street Subdistrict Regulations relating to participation in the Downtown Density Bonus Program; and to decrease the eligibility area and remove certain properties from participating in the Downtown Density Bonus Program generally located west of I-35, east of Nueces Street, north of Lady Bird Lake, and south of East 11th Street as shown in Exhibit A (the new density bonus zoning districts are also known as downtown density bonus 400 (DDB400) combining district and downtown density bonus 850 (DDB850) combining district).
For additional information about the Proposed Amendment or Proposed Rezoning, please visit the Code Amendment website at https://publicinput.com/LDCupdates If you have any questions concerning the Proposed Amendment or Proposed Rezoning, please contact the Case Manager Alan Pani, Austin Planning at (512) 974-8084 or via email at Alan.Pani@austintexas.gov and refer to the Case Number at the top right of this notice.
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All persons having claims against this Estate which is currently being administered are required to present them to the undersigned within the time and in the manner prescribed by law.
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(a)
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