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.
NEWS
Jury finds ex-DA Casey Hall guilty on theft by a public servant

The jury was seated on Monday and the opening day of testimony Tuesday only lasted four hours, before the panel went into deliberations about 2 p.m.
Two hours later the jury returned a guilty verdict on both charges. Wednesday morning the jury was set to begin discussion on Hall’s punishment at 8:30 a.m. with both sides offering evidence and testimony. Hall faces up to 10 years in prison.
The trial was moved to Denton County on a change of venue requested by Hall in March. After 16th District Judge Sherry Shipman read the verdict, it was reported Hall hung her head in disappointment and was later seen crying and emotional as she left the courtroom.
NEWS
Amon Carter remains closed due to high water
NEWS
Brief agenda awaits city council

Members of the Bowie City Council will meet in regular session at 6 p.m. on May 13 in council chambers.
The meeting opens with a proclamation for Emergency Medical Services Week.
City Manager Bert Cunningham will report on recent rainfall problems, Smythe Street sidewalk project and the substation work.
There is only one item of new business an ordinance related to speed limits on specific streets. Public comments and approval of minutes wrap up the agenda.
-
NEWS2 years ago
2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS2 years ago
Suspect indicted, jailed in Tia Hutson murder
-
NEWS2 years ago
SO investigating possible murder/suicide
-
NEWS2 years ago
Wreck takes the life of BHS teen, 16
-
NEWS2 years ago
Murder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
NEWS2 years ago
Sheriff’s office called out to infant’s death
-
NEWS2 years ago
Bowie Police face three-hour standoff after possible domestic fight
-
NEWS2 years ago
Driver stopped by a man running into the street, robbed at knifepoint