Final Reading of Ordinance of the City of Laredo, Texas, amending the City of Laredo’s FY 2026 annual budget by appropriating revenues and expenditures in the estimated amount of $202,507.00 in the Downtown TIRZ #1 2021B Certificate of Obligation Bond. The interest earnings being appropriated are for the arbitrage liability payment due to the U.S. Treasury. Funding is available in the Downtown TIRZ#1 2021 Certificate of Obligation Bond.

Staff Report & Agenda Item Details

Final Reading of Ordinance of the City of Laredo, Texas, amending the City of Laredo’s FY 2026 annual budget by appropriating revenues and expenditures in the estimated amount of $202,507.00 in the Downtown TIRZ #1 2021B Certificate of Obligation Bond. The interest earnings being appropriated are for the arbitrage liability payment due to the U.S. Treasury. Funding is available in the Downtown TIRZ#1 2021 Certificate of Obligation Bond.