Certificates of obligation for Merritt Road and Service Center
Sachse
Summary
The Merritt Road realignment and widening project grew by $7 million, funded by 2026 certificates of obligation the council already approved selling.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
$7 million added to the project cost, covered by previously approved debt.
Drivers and future development on the Merritt Road corridor.
Taxpayers who'd rather the City not take on additional debt without a public vote.
Mentions & discussions (3)
City Council - Sep 8, 2026
The Merritt Road realignment and widening project grew by $7 million, funded by 2026 certificates of obligation the council already approved selling.
City Council - Aug 3, 2026
The city is borrowing $17.62 million at about 4.25% to pay for the Merritt Road realignment and the new service center, spread over time through the existing debt tax rate — no rate increase.
City Council - Jun 1, 2026
The Council took the first legal step toward borrowing up to $18.15 million without a voter election, to finish funding Merritt Road and the new Public Works/Parks Service Center. The actual issuance comes back for a vote August 3.
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