City of Manor $7.35M tax note funds CIP infrastructure projects
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Description
City of Manor approved $7.35 million tax note for CIP projects including wastewater and water infrastructure improvements over a 7-year term starting 2025.
Contract Details
Contract Amount
$7,350,000.00
Vendor
CITY OF MANOR
Agency
City of Manor, TX
Contract Type
Construction
Document Date
January 1, 2025
Contract Term
7 years from January 1, 2025
Renewal Date
January 1, 2025 – December 31, 2031
Renewal Info
Tax note is a 7-year term with 4.5% interest and annual debt payment of $1.5M
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