What is the purpose of issuing municipal (city) bonds??
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Cities issue bonds to pay for large, expensive, and long-lived capital projects, such as roads, bridges, airports, water treatment facilities, power plants, and other public buildings. While cities can and sometimes do pay for these projects with current revenues (traditionally referred to as "PAY-GO" or "pay as you go (along)"), borrowing allows them to spread the costs across multiple generations. In other words, since future residents will receive the benefit of the project(s), spreading the cost out over multiple years ensures that the financial burden isn't carried solely by current residents. The municipal bond market also provides lower interest rates compared to traditional borrowing.
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During a meeting on August 13, 2019, in a unanimous 7-0 vote, the City Council called an election for November 5, 2019, to authorize the City to issue $3,905,000 in tax-exempt bonds to make improvements and repairs to existing streets and to purchase equipment related to street improvement and maintenance.
Bond Projects Description:
The City proposes to reconstruct the following streets:
Caddo Street - 100-200 Block & 300-400 Block
E. 4th Street - 500-600 Block
McMillian Street - From Hwy 174 to Bentley Drive
N. Main Street - 500-600 Block & 800-1500 Block
Thomas Street - 100-200 Block
Woodoak Drive - 100 Block
The City also proposes to purchase and Asphalt Paver to be used for maintenance and repair of city streets.
For more information, please visit the City's website: https://www.cityofjoshuatx.us/government/council/elections/
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Monthly Council Meeting
The Joshua City Council will hold a Work Session and Regular Meeting on Thursday, September 19, 2019, at 6:30 pm in City Hall Council Chambers, located at 101 S. Main Street, Joshua, TX, 76058.
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This meeting is open to the public and subject to the Open Meetings Laws of the State of Texas. The agenda will be posted at City Hall per state law on or before 6:30 p.m., Monday, September 16, 2019. Copies of the agenda and meeting packet will be available on the City’s website by Friday, September 13, 2019. Anyone who would like a hard copy of either of these may contact City Secretary Lisa Cabrera at (817) 558-7447 during normal business hours.
The FY 2019-2020 Budget and Tax Rate Public Hearings will be on:
September 10th
September 16th
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Other Monthly Meetings
September 3, 2019 Planning & Zoning Commission
September 9, 2019 Type A Economic Development
September 9, 2019 Type B Economic Development & Parks Board
September 12, 2019 Zoning Board of Adjustment
** Please check to the website for the agenda's for the above meetings. The dates are normal meeting days, should there be a need to meet.**
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Special Election to fill Mayor Vacancy to be held on November 23, 2019
Candidate packets may be picked up in the City Secretary's office.
Sept. 11th - First day to file for place on the ballot
Sept 23rd - Last day to file for place on the ballot
Should you have any questions, please call (817) 558-7447.
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Car Seat Inspections
4 out of 5 car seats are installed incorrectly. Is YOUR child's car seat safe??
Get your car seat checked at the Joshua Fire Department the 1st Wednesday of every month!
Please call (682) 885-2634 to schedule your fee appointment.
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Pet of the Month
BRICE
Sammy is an approximately a 1 year old Smooth Coat Border Collie Mix. He is neutered and is up to date on his shots and has been wormed. He is super friendly and loves to play so he needs a yard where he can run.
Should you wish to adopt Brice, please contact the Animal Control Department at (817) 558-7447 or stop by their offices at 100 Santa Fe.
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Employee Spotlight
Christopher Lee
Police Officer
Christopher has been with the Joshua Police Department for 2 years. He previously was a Parole Officer for the State of Texas.
He enjoys spending time with his family, hunting and fishing when he is not at work.
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