Floresville pursues $10 million for projects

[Video below] Improvements to Floresville’s water and sewer infrastructure are on the horizon, as the city prepares to pursue million in certificates of obligation. The Floresville City Council approved to pursue the debt for the projects during its Sept. 25 meeting, following a presentation by Dan Wegmiller of Specialized Public Finance. “This is a type of debt instrument that can be used to fund water and sewer-related projects,” Wegmiller said. “There’s no voter requirement on these. You just provide this notice that you plan to move forward with it.” According to the Texas Comptroller’s website, certificates of obligation “do...

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