Bryan city council approves borrowing $65 million dollars and refinancing BTU bonds

This podcast contains comments from the June 9, 2026 Bryan city council meeting.Action at the June regular meeting of the Bryan city council included borrowing more than $65 million dollars.More than $36 million is being borrowed for Bryan streets and drainage projects, almost $26 million is going to Bryan's new animal center and Midtown Park projects, and $3 million was borrowed for new fire engines.Click HERE to read and download presentation materials about the Bryan city council approving issuing $65 million dollars in certificates of obligation.The council also approved refinancing almost $11 million dollars inbonds issued by BTU in 2017 that will save $1.5 million dollars in interest and prevent raising base electric rates for the near future.Now retired BTU general manager Gary Miller says paying the debt early will prevent an increase in the base electric rates in the near future.Click HERE to read and download presentation materials about the Bryan city council approving refinancing BTU debt.