Lampasas council OKs $6.5 million debt for infrastructure projects
The Hostess House is one of the city buildings that will benefit from the issuance of $6.5 million in certificates of obligation. FILE PHOTO
The Lampasas City Council approved the issuance of $6.5 million in non-voter-approved debt, also known as certificates of obligation, for infrastructure and public safety projects.
In a meeting April 25, the council unanimously approved the first and final reading of the ordinance issuing a combination tax and revenue certificate of obligation. With the award of a bid, the funds can be provided to …
