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Ord. 2026-10.Town of Trophy Club (Denton County)
Consider an ordinance authorizing the defeasance of a portion of the Town's 2014 Certificates of Obligation for an additional amount not to exceed $80,000 to enable the Town to lower future interest expenses and reduce its overall debt burden. (April Duvall, Director of Finance)
Bastiat Overreach Score: 45/100
Passed: 2026-08-24 • Effective: 2026-08-24
Executive Summary & Impact
Consider an ordinance authorizing the defeasance of a portion of the Town's 2014 Certificates of Obligation for an additional amount not to exceed $80,000 to enable the Town to lower future interest expenses and reduce its overall debt burden. (April Duvall, Director of Finance)
Legislative Enactment & Roll-Call History
10. • Town of Trophy Club Town Council Regular Meeting2026-08-24
Consider an ordinance authorizing the defeasance of a portion of the Town's 2014 Certificates of Obligation for an additional amount not to exceed $80,000 to enable the Town to lower future interest expenses and reduce its overall debt burden. (April Duvall, Director of Finance)Outcome: PASSED (6-0) • Motion to approve Consider an ordinance authorizing the defeasance of a portion of the Town's 2014 Certificates of Obligation for an additional amount not to exceed $80,000 to enable the Town to lower future interest e
Official Legal Text & Codified Sections
OFFICIAL LEGISLATIVE RECORD — TOWN OF TROPHY CLUB Instrument / Docket Number: Ord. 2026-10. (Agenda Item 10.) Meeting: Town of Trophy Club Town Council Regular Meeting Date Enacted: 2026-08-24 Roll-Call Outcome: PASSED (6 YES - 0 NO) Category: Municipal Ordinance VERBATIM DOCKET TEXT & SUMMARY: Consider an ordinance authorizing the defeasance of a portion of the Town's 2014 Certificates of Obligation for an additional amount not to exceed $80,000 to enable the Town to lower future interest expenses and reduce its overall debt burden. (April Duvall, Director of Finance)