NOTICE is hereby given that it is the intention of the City Council of the City of Bastrop, Texas to issue Certificates of Obligation (the "Certificates") of the City in one or more series for the purpose of providing funds for paying contractual obligations incurred or to be incurred for constructing, improving, designing, acquiring, including acquiring land, easements and right of way, and equipping the City's: (1) parks and recreational facilities, including the Minerva Delgado Park, Fireman’s Park, and Mayfest Park; (2) Old Iron Bridge, including the installation of railing, a concrete deck, and lighting fixtures; (3) golf course and golf course facilities; and (4) payment of professional services in connection therewith including legal, engineering, architectural and fiscal fees and the costs of issuing the Certificates. The City Council tentatively proposes to authorize the issuance of the Certificates at its regular meeting place in the City Hall, 1311 Chestnut Street, Bastrop, Texas to be commenced at 6:30 p.m., on the 26th day of August, 2025. The maximum principal amount of Certificates that may be authorized for the above listed purposes is $20,000,000. The City Council presently proposes to provide for the security and payment of the Certificates by a pledge of ad valorem taxes upon all taxable property within the City within the limits allowed by law and from a limited pledge of the City’s surplus water and sewer system revenues not to exceed $1,000.

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