News Flash

Latest News

Posted on: September 9, 2021

Notice of Intention to Issue Certificates of Obligation



NOTICE IS HEREBY GIVEN that the City Council of the City of Angleton, Texas (the “City”), will meet at the City Council Chambers at City Hall, 121 S. Velasco Street,  Angleton, Texas, 77515 at 6:00 p.m. on the 26th day of October, 2021, which is the time and place tentatively set for the passage of an ordinance and such other action as may be deemed necessary to authorize the issuance of the City’s certificates of obligation, in the maximum aggregate principal amount of $3,000,000 payable from ad valorem taxation and from a limited pledge of a subordinate lien on the net revenues of the City’s waterworks and sewer system, bearing interest at any rate or rates not to exceed the maximum interest rate now or hereafter authorized by law, as shall be determined within the discretion of the City Council at the time of issuance, and maturing over a period of years not to exceed thirty (30) years from the date thereof, for the purpose of evidencing the indebtedness of the City for all or any part of the costs associated with the construction, acquisition, renovation, equipment, and improvements to (i) the City’s utility and water distribution system including the Chenango Water Plant site and (ii) and the cost of professional services incurred in connection therewith. 

It is estimated that the combined principal and interest required to pay the certificates is $3,853,046.67.  Such estimate is provided for illustrative purposes only and is based on an assumed interest rate of 2.36%.  As of the date of this notice, the aggregate principal amount outstanding of tax-supported debt obligations of the City is $9,010,000, and based on the City’s expectations, as of the date of this notice the combined principal and interest required to pay all of the outstanding tax-supported debt obligations of the City (excluding public securities secured by an ad valorem tax but designated by the City as self-supporting) on time and in full is $11,312,388.  Such amounts are derived from projections obtained from the City’s financial advisor based upon current market conditions and is provided from the City without assurance that such projections will be realized.  The City cannot guarantee that such conditions will continue through the date of the sale of the Certificates.



/S/ Frances Aguilar

Frances Aguilar, TRMC, MMC

City Secretary

City of Angleton, Texas


Facebook Twitter Email

Other News in Latest News

Permit Fee Waiver

Permit Fee Waiver

Posted on: September 15, 2021
Copy of Bike

Hurricane Nicholas Updates

Posted on: September 13, 2021
Lupe Valdez Headshot

City Council Names New Police Chief

Posted on: August 25, 2021

Broadband Options In Angleton

Posted on: August 11, 2021

Meeting Notice

Posted on: August 5, 2021
Proposed 2021-2022 Budget

2021 2022 Proposed Budget

Posted on: July 2, 2021

Public Notices

Posted on: February 9, 2021

City of Angleton Video

Posted on: June 1, 2021
City of Angleton Registered Contractors List

Registered Contractor List

Posted on: February 19, 2021
Waste Connections

Waste Connections

Posted on: February 11, 2021
Utility Billing

Utility Billing Updates

Posted on: February 10, 2021
COVID 19 Vaccine

COVID -19 Vaccines Information

Posted on: February 3, 2021
Blue and Orange Geometric Shapes Simple Job Post Vacancy Announcement Instagram Post

Bid Notice

Posted on: January 25, 2021
TTE Facebook Cover Angleton

CODE RED Emergency Notification System

Posted on: December 1, 2020
budget 1

2020-2021 Adopted Budget

Posted on: October 13, 2020
New Development

New Development

Posted on: August 18, 2020

Project Updates

Posted on: August 3, 2020
INSIDE ANGLETON Cover 2021 Spring Summer


Posted on: May 13, 2020