Public Notice

September 17, 2020

 

CITY OF GORDON, TEXAS

NOTICE OF INTENTION TO ISSUE

CERTIFICATES OF OBLIGATION

 

NOTICE IS HEREBY GIVEN that the City Council of the City of Gordon, Texas, at its meeting to commence at 6:00 p.m. on November 9, 2020, at its regular meeting place at the Gordon Community Center, 109 W. Oak Street, Gordon, Texas, tentatively proposes to adopt an ordinance authorizing the issuance of interest bearing certificates of obligation, in one or more series, in an amount not to exceed $100,000 for paying all or a portion of the City’s contractual obligations incurred in connection with: (i) acquiring, constructing, installing, and equipping additions, improvements, extensions, and equipment for the City’s water system, including water treatment plant, water lines, meters, valves, pumps and related infrastructure improvements; and (ii) paying legal, fiscal and engineering fees in connection with such projects.  The estimated interest rate for the certificates is 0% per annum, the maximum maturity date for the certificates is March 1, 2041, and the estimated combined principal and interest required to pay the certificates to be authorized on time and in full is $100,000.  The current principal of all outstanding debt obligations of the City is $1,510,000.  The current combined principal and interest required to pay all outstanding debt obligations of the City on time and in full is $2,492,763.  The City proposes to provide for the payment of such certificates of obligation from the levy and collection of ad valorem taxes in the City as provided by law and from a pledge of surplus revenues of the City’s waterworks and sewer system (the “System”) that remain after payment of all operation and maintenance expenses thereof, and after all debt service, reserve, and other requirements in connection with all revenue bonds or other obligations (now or hereafter outstanding) of the City have been met, to the extent that such obligations are payable from all or any part of the net revenues of the System.  The certificates of obligation are to be issued, and this notice is given, under and pursuant to the provisions of V.T.C.A., Local Government Code, Subchapter C of Chapter 271.

 

CITY OF GORDON, TEXAS

8-6-2020

Emergency Water Line was hit

Water will be off South of Gordon until water line can be fixed.

CANCELLED!

Will reschedule

Thursday July 23, 2020

Strict Conservation Notice

WHECO will be changing out a Control Panel at Water Treatment Plant. Water Plant will be inoperable while process is being done.

7-18-2020

Rescind Notice for BWN issued on 7-9-2020

for City of Gordon PWS ID#1820007

Boil Water Notice was lifted on 7-18-2020

7-9-2020

City of Gordon PWS ID#1820007

Boil Water Notice issued 7-9-2020

For Construction 

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105 S Main St. | Gordon, TX | 76453
254-693-5676 | cityofgordon@yahoo.com
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