NEWS
BISD acts on bond refund; reviews budget options
By BARBARA GREEN
editor@bowienewsonline.com
Bowie School Trustees will move forward with a bond refund plan that will save the district more than $19,000 a year in interest during the final 10 years of the bonds.
The board met Thursday night in a called session to hear the bond proposal and to continue work on the budget proposal. Lewis Wilks, U.S. Capital Advisors, and Tom Sage, bond counsel with Hunton Andrews Kurth LLP discussed the plan via a zoom meeting with the board.
These are 2012 bonds callable in 2021. The refund will be on $5,520,000 in bonds. The district has been paying an average interest of 2.26 percent with the true interest at 1.23 percent. Wilks said the difference is the savings to the district which will be $233,771. It was pointed out this refinance does not impact the term or extend it.
Read the full story in the mid-week Bowie News.
Members of the Bowie City Council will face a brief agenda when they meet at 6 p.m. on Oct. 13 in the council chambers.
Following routine reports and consent agenda items, the council will consider a resolution authorizing submission of the city’s 2027/2028 Texas Community Development Block Grant application to the Texas Department of Agriculture.
Then council members will consider approving Bob Blackburn for appointment as a reserve police officer with the Bowie Police Department.
Following an executive session, the council will discuss and potentially take action regarding the annual employment evaluations and duties of both the City Secretary and the Municipal Court Judge.
After nearly three months of no rain, Mother Nature brought the showers this past week.
Downtown Bowie rain reports varied from 7 to 8 inches, while the Saint Jo area reported a 10-inch total. The city water plant in Bowie reported 5.55 inches on Sept. 30 with 1.6 Oct. 1-3.
Nocona saw a total of 6.31 inches of rain across Sept. 26 to Oct. 3.
On Oct. 6, Lake Amon G. Carter saw a level of 917.39 mean sea level rising to 81.31% full. Just one week earlier the lake was 73.6% full, while one year ago it was 94.01%. The lake is full at 920msl.
Lake Nocona was 73.7% full at 823.02 on Oct 6. One week earlier it was 70.41% full and one year ago it was 92.41%. The lake is full at 827.5 msl.
By BARBARA GREEN
editor@bowienewsonline.com
One Montague County City has joined the battle against any data centers being built in this county and there is a petition drive underway to urge the commissioner’s court to keep data centers out of Montague County.
At a Sept. 28 called meeting of the Saint Jo City Council, officials unanimously approved a resolution stating its opposition to the “siting, permitting, construction or operation of data centers and similar hyperscale computing facilities within the city limits or the city’s extraterritorial jurisdiction.”
City Secretary Debbie Dennis said several citizens approached Councilor Jack Dunn about their data center concerns and he helped prepare a resolution. The council gave unanimous support.
Read the full story in your Thursday Bowie News.
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