NEWS
Bowie to apply for $9.3 million TWDB loan
By BARBARA GREEN
editor@bowienewsonline.com
The Bowie City Council took the first step Tuesday night in applying for a $9.3 million loan from the Texas Water Development Board accepting proposals for bond counsel, engineering and financial advisor to start the process.
City officials have been looking into the state program for the past year exploring financing opportunities for a large sewer line replacement project. While the undertaking would only replace an estimated 30 percent of the needed lines, TWDB offers some of the “cheapest money” available to government entities.
Bowie Councilors accepted contract proposals from McCall, Parkhurst & Horton I.I.P for bond counsel procurement, Government Capital Securities Corporation for financial advising and Hayter Engineering Inc.
Read the full story in the weekend Bowie News.
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.
The board of directors of the Amon Carter Lake Water Supply Corporation will meet at 6 p.m. at Carter Lake Baptist Church 4759 FM 1125.
Agenda items include an engineer’s presentation and resolution workshop with Daniel Deweber and Prairie Branch Properties.
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