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Grapevine to issue $30M in debt to cover water, wastewater plant projects

Grapevine City Council approved issuing up to $30 million in certificates of obligation to help cover several public works projects at the city’s water and wastewater treatment plants.

The resolution to issue the debt was approved unanimously during the May 5 meeting. Council member Sean Shope was absent from the meeting.

The details: The certificates of obligation will help fund several projects, according to city documents, including:

  • Maintenance at the city’s water treatment plant
  • An emergency generator required by state law at the water treatment plant
  • Relocation of a raw water pump house
  • Replacements for clarifiers, filters, blowers, air lines and electrical systems within the wastewater treatment plant

City officials said the bonds were sold with a 3.9% interest rate and that they have a 20-year maturity.

One more thing: Council members previously approved a reimbursement resolution for up to $10 million in projects in March.

 
Coming Soon
Pottery Barn, Williams Sonoma outlet to sell furniture, cookware in Grapevine

An outlet for both Pottery Barn and Williams Sonoma is expected to open in late May within Grapevine Towne Center.

What they offer: The store will sell products for both brands including bedding, furniture, cookware and cutlery.

What else: As part of the Grapevine outlet opening, the Pottery Barn in Arlington will relocate to the combined storefront.

  • 1270 W. SH 114, Ste. 112, Grapevine
 

Your Weekend To-Do List

Check out these weekend events across the metro area.

Night market

Murder mystery dinner show

May 8, 6-10 p.m.
Richardson

May 9, 6-9 p.m.
Fort Worth

More info

More info

 

Lamborghini show

Mother's Day market

May 9, 11 a.m.-2 p.m.
Grapevine

May 10, 11 a.m.-5 p.m.
Plano

More info

More info

 
To submit your own event, click here.

Election News
Q&A: John Cornyn and Ken Paxton face off in May Republican runoff for US Senate

On May 26, Texas Republican voters will choose their nominee for the U.S. Senate in a runoff election between incumbent Sen. John Cornyn and state Attorney General Ken Paxton.

The big picture: The Republican race for U.S. Senate is one of several statewide contests that advanced to May runoffs after no candidate received more than 50% of the vote in the March 3 primary election.

Cornyn and Paxton were the two highest-performing candidates in the eight-way primary race, with Cornyn securing 42% of the vote to Paxton's 41%.

At the polls: Early voting in Texas' runoff elections runs from May 18-22, and runoff election day is May 26.

Looking ahead: The winner of the May 26 overtime round will face the Democratic nominee for U.S. Senate—state Rep. James Talarico of Austin—in the November midterm election. Third-party and independent candidates may also appear on the November ballot, and the winner of that election will be sworn in to the U.S. Senate in January 2027.

 

Your local team

Connor Pittman
Editor

Lexi Canivel
General Manager

Email [email protected] for story ideas, tips or questions.

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