NEWS
City of Bowie to rebid its energy project
In an effort to generate more bidder interest in its energy project, the Bowie City Council voted to rebid the qualified energy conservation bond proposal with a few recommended enhancements.
At Tuesday night’s council session Paul Jasin, managing director with Specialized Public Finance, said the city received two request for proposals to finance the $3.7 million project and neither met the specifications.
Financing is being sought through the Texas Local Government Code which allows cities to update their infrastructure through an energy performance contract financed through an energy conservation low interest plan. Bowie’s project has been approved by the Texas Bond Review Board for a $4.1 million allocation based on its projected energy savings of $7.4 million over the 20-year life span of the project.
The QEBC is not actually a bond, but an interest rate subsidy through the U.S. Department of the Treasury. It is anticipated the interest rate will be less than one percent. In the process an investor purchases the project and receives a tax credit in lieu of receiving a market interest rate on the bond. Jasin recommends the city rebid the proposals and enhance it with a tax pledge, which they believe will get more bank bids and lower interest, as well as provide flexibility for the tax credit. Read the full story in the weekend News.
City of Bowie officials were on hand to inspect the emergency electrical generators that were delivered last week.
Mayor Gaylynn Burris and City Manager Bert Cunningham inspected one of three emergency electrical generators purchased as part of an ongoing Federal Emergency Management Agency Hazard Mitigation Grant. They also talked with Jay Evans, head of the city electric department, and Jerry Sutton, director of the water treatment plant about the next step for installation of the generators.
This grant provides funding for one 150 kW and two 250 kW generators for use at the water treatment plant.
Read the full story in the mid-week Bowie News.
City Manager Bert Cunningham and Mayor Gaylynn Burris talk with the electric and water department staff about the new generators. (Photo by Cindy Roller)
No action was taken on a legal issue after members of the Bowie City Council met in a called closed session at 4 p.m. on July 12.
City Secretary Sandy Page said the council met for almost one hour for “consultation with attorney – Midwest Waste Services LLC vs. City of Bowie.
This lawsuit goes back to August 2019 when Midwest sued the city for its action requiring those who receive city water outside the city limits to use the designated waste collector, which is Waste Connections. This was shortly after the city signed a new long-term contract with WC.
The suit was dismissed in June 2020 on two points in the suit, but City Manager Bert Cunningham said a third point remained in mediation.
The Department of Public Safety has provided information on an auto vs. motorcycle accident that reportedly occurred on July 4.
James Lee Hilton, Nocona, was driving a 2019 Harley-Davidson motorcycle and Daniel Parra, Chico, was driving a 2018 Ford Fiesta. Both vehicles were north on State Highway 101 outside Sunset with the motorcycle behind the car.
Parra was attempting to turn left on Farm-to-Market Road 2265 when the motorcyclist attempted to unsafely pass to the left states the report. The bike struck the left side of the Fiesta. Both vehicles came to rest off the roadway on the northwest corner of SH 101 and FM 2265.
Hilton was transported to Denton Medical City with
-
NEWS2 years ago2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS8 months agoSuspect indicted, jailed in Tia Hutson murder
-
NEWS1 year agoSO investigating possible murder/suicide
-
NEWS2 years agoWreck takes the life of BHS teen, 16
-
NEWS12 months agoMurder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
NEWS1 year ago
Sheriff’s office called out to infant’s death
-
NEWS1 year agoBowie Police face three-hour standoff after possible domestic fight
-
NEWS2 years ago
Driver stopped by a man running into the street, robbed at knifepoint