Posted inLocal Politics, Resources

Council members push plan for AE to recover cost of line extensions

A resolution from Council Members Kathie Tovo, Laura Morrison, and Mike Martinez on Thursday’s Council agenda would instruct City Manager Marc Ott to “plan for full cost recovery of (Austin Energy) line extensions” beginning Oct. 1.   Though the Council members included some provisions for the exemption of certain affordable housing” entities, the measure would […]

Posted inLocal Politics, Transportation

Council hears Transit Bond election’s effect on future tax rates

Amid questions revolving around a potential multimillion-dollar November 2014 Transit Bond election, city staff Tuesday laid out the city’s bonding capacity picture for Council members.   Though the fact that a tax increase would be required to accommodate any amount of additional bonding was not quite news, the figures associated with such an action were […]

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