NOTICE IS HEREBY GIVEN that the City Council of the City of Lockhart, Texas (the "City"), at its meeting to commence at 6:30 P.M. on July 7, 2026 (the "meeting"), at its regular meeting place in the Clark Library Annex-Council Chambers, 217 South Main Street, 3rd Floor, Lockhart, Texas, tentatively proposes to authorize the issuance of one or more series of interest bearing certificates of obligation for certain projects for improving, constructing, equipping, acquiring, or designing the City’s: (1) parks and recreation facilities, to include a, recreation center and improving Lions Park; (2) public safety facilities, including the acquisition of land for police and fire facilities; (3) existing administration building; (4) street and drainage improvements; and (5) the payment of professional services in connection therewith including fiscal and engineering fees and the costs of issuing the certificates of obligation related thereto in an amount not to exceed $15,000,000. The City presently proposes to provide for the payment of the certificates of obligation by the levy of ad valorem taxes, within the limits prescribed by law. The certificates of obligation will be additionally payable from a limited pledge of surplus revenues of the City's water and wastewater system not to exceed $1,000.


City of Lockhart Notice of Intention to Issue Certificates of Obligation (PDF)