Brownwood council OKs tax note for city projects
Brownwood City Council members approved a $685,000 tax note this week to fund several projects.
Council members approved the tax note at their Tuesday meeting, which includes a $35,000 issuance cost.
Financing will be through Citizens National Bank with a 1.5 interest rate, council members were told. The city has a 2103 tax note paying off this fiscal year with a note payment of $104,700.
The annual payment for the new tax note will be $90,0o0 in the first year and will graduate to $105,000 in year seven, council members were told. It will not increase the city budget.
Projects in the tax note are:
• Resurfacing of the Camp Bowie Family Aquatic Center pool — $195,000
• New flooring at the Law Enforcement Center — $33,500
• Fleet fuel pumps — $130,000
• Landfill scales — $100,000
• Landfill litter fencing $175,000
• Contingency — $16,500
• Estimated cost of issuance — $35,000
In other business Tuesday, council members:
• Heard a request from Linda Hietman, executive director of Brown County Home Solutions, for a $1,500 subsidy in the next budget year.
• Agreed to accept a donation of a locomotive to the Lehnis Railroad Museum from Vulcan Materials.
• Ratified earlier action by the Brownwood Municipal Development District to approve improvements of up to $65,000 to the Lednicky property on East Commerce.
• Approved a resolution to amend the City Personnel Rules Policy allowing some city employees to conceal-carry handguns while on duty.
• Authorized City Manager Emily Crawford to sign an agreement with the Texas Department of nation for Cares Act reimbursement due to COVID.
• Ratified earlier BMDD action approving a Building Improvement Incentive Program grant to the Turtle Restaurant of up to $19,300.