City Council Votes to Secure $1.5 Million Bond
The Lexington City Council voted last week to secure a $1.5 million bond to complete water, wastewater and sewer commitments with the Texas Commission on Environmental Quality. This is to pay for projects that have been identified by the TCEQ as immediate priorities for the City. Part of the bond will help pay for improvements to the wastewater system. The City has already obtained a $250,000 grant to help finance TCEQ required improvements to this project and the additional cost, $390,000 more than the amount of the grant, will be paid for by the bond. The bond money will also be used to put a filtration system on the City’s water system and update sewer lines. Before the Council actually moves on the bond issue, they will hold public hearings.
The City Council also asked the City Attorney to review the agreement with TCEQ, in order to find grounds to request a delay to the mandated fulfillment schedule for the wastewater project. The City has already received one 90 day extension and this will be a second 90 day extension to TCEQ’s timeline.