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CDFA Texas Financing Roundtable Newsletter - March 2016

CDFA Texas Financing Roundtable Newsletter - March 2016
March 30, 2016
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CDFA Texas Financing Roundtable Newsletter

Feature

$4M USDA Grant Could Solve Clarendon, TX Water Issues
Ongoing water issues in Clarendon have prompted city officials to consider using USDA funds to repair failing their fire hydrants and related infrastructure.

Temple, TX City Council Approves Nearly $2.5M for City Projects
The Temple City Council has authorized a $2 million water and wastewater line replacement project, in addition to a $300,000 sidewalk improvement project and a $158,000 roof replacement at the Summit Recreation Center.

San Antonio Credit Union Supports Austin RLF with $75K Fund
PeopleFund Inc., an Austin based micro-lender, received a $75,000 loan from Generations Federal Credit Union. The loan will add to the PeopleFund's revolving loan fund.

$25M Bond to Finance Plugerville, TX Trail Improvements
The Pflugerville City Council awarded a construction contract of $850,000 to Muniz Concrete and Contracting Inc. to improve local trails and walkways. A $25 million parks bond approved by voters in 2014 will fund the project.

USEDA Awards $1M to the City of Plainview and Hale County, TX
The U.S. Economic Development Administration has awarded $1 million to the City of Plainview and Hale County to make water infrastructure improvements to the new regional business park.

Cameron County, TX Hesitant to Proceed with TIRZ
Cameron County officials are reluctant to grant South Padre Island a TIRZ given that the Island no longer plans to expand its convention center with the funds.

$14M in Water Utility Bonds Funds Arlington, TX Ozone Treatment
The City of Arlington will use water utility bonds to finance the purchase of ozone generators and other equipment for the John F. Kubala and Pierce-Burch Water Treatment Plants.

Upcoming Events

Intro Tax Increment Finance Course
April 27-28, 2016 - Dallas, TX
CDFA is excited to bring it's highly acclaimed Intro Tax Increment Finance (TIF) Course to Dallas, TX this April known as TIRZ in Texas, TIF is one of the most effective tools in the development finance toolbox. As a special offering of the CDFA Texas Financing Roundtable in partnership with TEDC, this two-day course offers an in-depth look at the guiding principles and appropriate application of TIF. The course will feature lectures, case studies and a special mobile tour session hosted by the City of Dallas. Not familiar with TIF? Explore CDFA's TIF Resource Center. Want to put TIF in place in your city? Join us in April for the Intro TIF Course.

Texas News

Corpus Christi LiftFund Faces Uncertain Future
Corpus Christi Caller Times | Mar. 25 | Access to Capital | Local Finance Program

Aqualand Developer Seeks Support from City of San Antonio
San Antonio Business Journal | Mar. 23 | Access to Capital | Incentives | Local Finance Program | Tax Credits

Willis, TX City Council to Take Action on $1.17M Issuance
The Courier of Montgomery County | Mar. 23 | Bond Finance | Infrastructure Finance | Local Finance Program

Ramirez Develops Redemption Feature
The Bond Buyer | Mar. 23 | Bond Finance

McKinney, TX ISD Approves $220M Bond Package 
McKinney Courier-Gazette | Mar. 21 | Bond Finance | Infrastructure Finance | Local Finance Program

To TIF or Not to TIF
WYPR | Mar. 16 | CDFA Original Research | Incentives | Local Finance Program | Tax Increment Finance (TIF)

Texas Transportation Commission to Issue $624M in GO Bonds
The Bond Buyer | Mar. 15 | Bond Finance | Infrastructure Finance | State Finance Program

Privatized University Housing: An American P3 Success Story
The Bond Buyer | Mar. 10 | Public-Private Partnership (P3) Financing

Wichita County, TX May Issue Bond to Fund Jail, Other Projects
The Bond Buyer | Mar. 10 | Bond Finance | Infrastructure Finance | Local Finance Program

Fort Bend County, TX Begins Funding Projects with $98.6M Bond
The Bond Buyer | Mar. 10 | Bond Finance | Infrastructure Finance | Local Finance Program

Southwest Bond Issuance Soars to $77.7B in 2015
The Bond Buyer | Mar. 7 | Bond Finance | Economic Development

Brownsville, TX Navigation District Closes on Issuance of Bonds
Business Wire | Mar. 3 | Bond Finance | Infrastructure Finance

USDA Awards Loans to Boost Rural Economic Development
USDA Blog | Feb. 25 | Economic Development | Revolving Loan Funds (RLFs) | Rural Development | U.S. Dept. of Agriculture (USDA)

Dallas City Council Tentatively Agrees on 2017 Bond Program
The Dallas Morning News | Feb. 24 | Bond Finance | Infrastructure Finance | Local Finance Program

TIRZ For Commercial Development Approved by Oak Ridge North
Your Houston News | Feb. 24 | Incentives | Infrastructure Finance | Tax Increment Finance (TIF)

Construction of $319M Drainage Tunnel to Begin in East Dallas
The Dallas Morning News | Feb. 24 | Bond Finance | Infrastructure Finance


Sponsors

Roundtable Partner

Texas Economic Development Council

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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