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CDFA Texas Financing Roundtable Newsletter - February 2017

CDFA Texas Financing Roundtable Newsletter - February 2017
February 22, 2017
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CDFA Texas Financing Roundtable Newsletter

Feature

$6M Pump Station in TX to be Funded By Water District Bond
Improved water pressure is coming down the pipes for more than 200 homes in the Travis County Water Control and Improvement District 10 service area. The pump station, which costs approximately $6 million will be funded by a nearly $46 million water district bond.

Lakeway Seeks $23M Bond to Fund Police Station
In May, Lakeway residents will determine whether or not they want to pass a $23 million bond to fund the land acquisition and construction for a new police station.

San Marcos CISD Seeks $107M Bond
After a unanimous vote from the San Marcos CISD School Board, it will now be up to voters to decide if the district will get $107.3 million.

Abilene City Council Approves $200K Stormwater Plan
The Abilene City Council voted to spend $200,000 to develop a Stormwater Master Drainage Plan.

San Antonio City Council Places $850M Bond on May Ballot
San Antonio city council formally voted to place an $850 million bond package, the largest bond issue ever floated by any government entity in Bexar County history, on the May ballot.

Amarillo Council to Vote on 5 Year Community Investment Program
A new fire station, better roads and more buildings for Animal Management & Welfare are all projects that bonds will fund in year one of Amarillo's proposed $418 million Community Investment Program (CIP).

Hotel Tax Increase Would Fund Most Aggressive Convention Center Plan
A 2-percentage-point uptick in the city's hotel occupancy tax appears to be the most favored method of expanding the Austin Convention Center and turning the area around it into a lifestyle and tourist epicenter.

Two Major Water Infrastructure Upgrades Vital for Rural Development in TX
Two major infrastructure upgrades to Canyon's water system are underway in Canyon, TX.

Tax Exempt Bonds for Redevelopment in TX Under Review by IRS
The Internal Revenue Service is investigating a deal, including tax exempt bonds, that raised millions of dollars for the redevelopment of the Statler Hotel and Dallas Central Library.

CDFA Releases 2017 Policy Agenda
CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas. To read The Bond Buyer's overview, click here.

Abilene City Council Discusses New Ways to Fund Streets
The Abilene City Council met to outline the city's budget priorities as part of a new approach to deciding how to spend taxpayer dollars. One of the major topics discussed was how to fund street repairs and maintenance. Instead of asking voters to approve a bond issue to fund streets, council members tossed around other ideas.

Upcoming Events

CDFA Texas Conference
April 5, 2017 - Dallas, TX
Join the CDFA Texas Financing Roundtable, in partnership with TEDC, on April 5, 2017 for a special one-day conference hosted at the Dallas County Community College District. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Texas economy going forward.

Intro Bond Finance WebCourse
March 1 - 2, 2017 - 12:00 - 5:00 PM Eastern
The Intro Bond Finance WebCourse provides an in-depth look at governmental and qualified private activity bonds, with a focus on industrial development bonds (IDBs), 501(c)(3) non-profit bonds, exempt facility bonds, and other special bond programs authorized by the federal government.

CDFA Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs)
Thursday, March 9, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

CDFA Texas Webinar: Financing Programs to Support Rural Development
May 17, 2017 - 11:30 AM - 12:30 PM Eastern
Urban communities like Austin and Dallas are not the only places looking for help to fund economic development. Texas is filled with rural communities and small towns who are also in need of financing strategies. These areas face unique development financing challenges and needs such as downtown revitalization, food systems, infrastructure and energy finance. A number of creative and important financing tools exist to assist rural and small town development, and this webinar will explore the cutting-edge strategies driving development in the state, and how to access them.

CDFA Spotlight

CDFA Online Brownfields Project Marketplace
February 23, 2017 - 12:00 - 5:00 PM Eastern CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Texas News

TX' Biggest Tax Incentive Set to Double by 2022
Houston Chronicle | Feb. 10 | Incentives | Economic Development

CDFA Agenda Includes Pushing for Bond Bills, Supporting Tax Exemption
The Bond Buyer | Feb. 2 | Bond Finance | Energy Finance | Federal | Legislative | Member News


Sponsors

State Partner

Texas Economic Development Council

Venue Sponsor

Dallas County Community College District

For information about sponsoring the CDFA Texas Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor