Seguin prepares for over $105 million worth of capital improvement projects
4 Apr 2024
City Council, City of Seguin, Development, Infrastructure, Quality of Life
Seguin, TX, USA / Seguin Today
Darren Dunn
(Seguin) — More than $105 million worth of capital improvement project are coming to the city of Seguin.
The Seguin City Council on Tuesday put into motion a plan for the city to issue just over $105.4 million dollars in certificate of obligation bonds.
Approximately $26 million would be used for a number of general fund projects, including $8.1 million to completely renovate the Starcke Park Golf Course.
On the utility side, the city calls for expenditures of $79.4 million, with much of that money going to expand sewer capacity in some fast-growing parts of the city. Many of the projects directly address infrastructure upgrades that are needed to deal with the fast growth that’s occurring in the Seguin area.
City Manager Steve Parker says that all of these projects represent a significant investment that’s being made into Seguin’s future.
“We did attach a list of the projects from both the utility and the general funds. Some of the highlights there are GLO (Texas General Land Office additional drainage that we are issuing that would be paid for by the drainage utility – we’ve got the golf course funds in there. We also have $1.36 million to start the engineering design of Meadow Lake and then just some other additions to improvements to Austin Street, fire apparatus and so forth so we are really pleased to bring this list to you and keep the momentum going with the construction that we’ve got in Seguin,” said Parker.
The city is using certificates of obligation or CO’s to fund the work. CO’s are typically seen as a flexible way for a governmental entity to issue debt for needed capital improvement projects and other public works.
The long list of projects also includes sidewalk improvements and some additional upgrades to some local streets.
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