EL PASO, Texas (KTSM) — After a one-week delay, El Paso County Commissioners Court is scheduled to once again take the next step in issuing $54 million in certificates of obligation for water, sewer, road and other infrastructure projects.
Last week, county commissioners delayed discussing the item. This Monday, March 24, they are scheduled to discuss and possibly direct staff to prepare a “notice of intent” for issuing the certificates of obligation, which are debt instruments that do not require voter approval.
If county commissioners approve this action, it would also trigger a state-mandated 45-day waiting period before certificates of obligation can be issued.
The County says these certificates of obligation would not raise taxes.
Under the proposal, $33.5 milion would go for clean drinking water and sewer projects, $16 million for roadway improvements, $2.5 million for flood control and $2 million for heating and cooling improvements at the Family Youth Services Center.
The Commissioners Court will meet at 9:30 a.m. on Monday at the El Paso County Courthouse, third floor, Room 303.
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