Page 639 - Bedford-FY25-26 Budget

Return to Debt by Type Overview

Current Debt Issuances

Total
Outstanding
Principal &
Original Issue Final Interest as of Self-
Series Amount Issue Date Maturity October 1, 2025 Purpose of Debt Supporting?
(i) the construction of public works, to wit: (a) acquiring and installing equipment for
public safety facilities and vehicles, (b) constructing, improving, remodeling, renovating
and equipping fire-fighting facilities, including the acquisition of land and rights-of-way
therefor, (c) constructing, improving, remodeling, renovating and equipping park facilities,
including the senior center, and including the acquisition of land and rights-of-way
Combination Tax & therefor, (d) constructing and improving streets, including drainage, landscaping,
Revenue Certificates of $ 20,685,000 7/23/2024 2044 $ 29,710,675 streetscaping, retaining walls, curbs, gutters, sidewalks, signage, traffic signalization, street Partially
Obligation, Series 2024 noise abatement, utility system relocation incidental thereto and the acquisition of land and
rights-of-way therefor, (e) designing, constructing, renovating, improving, extending and
equipping the City’s combined Waterworks and Sewer System, including the acquisition of
land and rights-of-way therefor and (ii) professional services rendered in connection
therewith; such certificates to be payable from ad valorem taxes and a limited pledge of the
net revenues of the City’s combined Waterworks and Sewer System
(i) the construction of public works, to wit: (a) constructing and improving streets,
including drainage, landscaping, streetscaping, retaining walls, curbs, gutters, sidewalks,
signage, traffic signalization, street noise abatement, utility system relocation incidental
Combination Tax &
Revenue Certificates of thereto and the acquisition of land and rights-of-way therefor, (b) acquiring, constructing,
Obligation, Series $ 16,320,000 9/6/2023 2043 $ 22,442,269 improving, remodeling, renovatin and equipping park facilities, including acquisition of No
land and rights-of-way therefor, and (ii) professional services rendered in connection
2023A
therewith, pursuant to authority conferred by and in conformity with the Constitution and
laws of the State of Texas, including Texas Local Government Code, Subchapter C of
Chapter 271, as amended.
(i) the construction of public works, to wit: (a) constructing and improving streets,
including drainage, landscaping, streetscaping, retaining walls, curbs, gutters, sidewalks,
signage, traffic signalization, street noise abatement, utility system relocation incidental
thereto and the acquisition of land and rights-of-way therefor, (b) acquiring, constructing,
improving, remodeling, renovatin and equipping park facilities, including acquisition of
Combination Tax & land and rights-of-way therefor, (c) designing, constructing, equipping and improving fire-
Revenue Certificates of $ 4,480,000 6/23/2023 2043 $ 6,146,803 Partially
Obligation, Series 2023 fighting facilities, including the acquisition of land rights-of-way therefor, (d) designing,
construcitng, renovating, impropving and equipping the City's existing animal shelter
buidling and (ii) professional services rendered in connection therewith, pursuant to
authority conferred by and in conformity with the Constitution and laws of the State of
Texas, including Texas Local Government Code, Subchapter C of Chapter 271, as
amended, and Chapter 1371.

City of Bedford, TX | Adopted Budget FY 2025-2026
Page 638