TxDOT is doing a rehabilitation project for FM 121 that goes from the railroad tracks in Van Alstyne all the way to SH 160. From the railroad tracks to Lincoln Park Road TxDOT will be milling off 2” of the surface and repaving it at the same elevation. From Lincoln Park Road to SH 160 TxDOT will reclaim the roadway, add 8” of additional flexible base and add a two course surface treatment. Because TxDOT will have traffic running on flexible base while the project in under construction, TxDOT plans to reduce the speed limit at the construction area where they are working and move it through the project. TxDOT will post the area under construction to be 45 mph instead of the usual 55 mph. The contractor will rehab the project in 2 mile segments to limit how much of the roadway is under raw base at a time. TxDOT will also replace cross drainage structures under the roadway and replace the signage along the road. The project is already underway and is expected to be completed in January 2026.
The City of Van Alstyne is experiencing very high demands in our water system. The predominance of water use is outdoor watering. Steps are being taken to add to our supply very soon. During the weekend of August 19-20, we are asking our citizens to voluntarily reduce their outdoor watering to preserve our limited supply for essential uses. We will send another notice when we feel comfortable based on an increase in our ability to meet demands. This is estimated to be within 7-14 days.
– Bob Johnson, P.E. Interim Public Works Director
City of Van Alstyne, Texas
Notice of Public Hearing
Fiscal Year 2023 – 2024 Budget
The City Council of the City of Van Alstyne, Texas, will conduct a Public Hearing on August 21, 2023 at 6:30 P.M., at the Van Alstyne City Hall, 152 N Main Dr., Van Alstyne, Texas, to discuss the proposed fiscal year 2023 – 2024 budget for the City of Van Alstyne, Texas.
This budget will raise more revenue from property taxes than last year’s budget by an amount of $1,253,969 which is a 38.65% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $563,042.
The proposed budget for the fiscal year beginning October 1, 2023 and ending September 30, 2024 includes a property tax rate of $0.553713 per $100 of taxable value.
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
OF THE CITY OF VAN ALSTYNE, TEXAS
NOTICE IS HEREBY GIVEN that the City Council of the City of Van Alstyne, Texas, at its meeting to commence at 6:30 P.M. on October 10, 2023, at the City Hall, 152 N. Main Drive, Van Alstyne, Texas, tentatively proposes to adopt an ordinance authorizing the issuance of interest bearing certificates of obligation, in one or more series, in an amount not to exceed $15,400,000 for paying all or a portion of the City’s contractual obligations incurred in connection with (i) acquiring, constructing, and equipping a municipal complex, including a police station, fire station and other public safety facilities; (ii) constructing, reconstructing and improving streets, roads, sidewalks and alleys, including bridges and intersections, street overlay, landscaping, lighting, signalization, traffic safety and operational improvements, culverts and related storm drainage and utility relocation; (iii) the construction of improvements and extensions to the City’s water and wastewater system; (iv) acquiring, constructing and equipping public parks, including landscaping, irrigation, drainage, lighting, benches, pavilions, walking paths, public restrooms, soccer fields, parking facilities and related infrastructure; and (v) paying legal, fiscal, architectural and engineering fees in connection with these projects. The estimated interest rate for the certificates is 4.58% per annum, the maximum maturity date for the certificates is February 15, 2053, and the estimated combined principal and interest required to pay the certificates to be authorized on time and in full is $29,515,357. The current principal of all outstanding debt obligations of the City is $39,045,000. The current combined principal and interest required to pay all outstanding debt obligations of the City on time and in full is $63,859,610. The City proposes to provide for the payment of such certificates of obligation from the levy and collection of ad valorem taxes in the City as provided by law and from a pledge of certain surplus revenues of the City’s waterworks and sewer system, remaining after payment of all operation and maintenance expenses thereof, and all debt service, reserve, and other requirements in connection with all of the City’s revenue bonds or other obligations (now or hereafter outstanding), which are payable from all or any part of the net revenues of the City’s waterworks and sewer system. The certificates of obligation are to be issued, and this notice is given, under and pursuant to the provisions of V.T.C.A., Local Government Code, Subchapter C of Chapter 271.
CITY OF VAN ALSTYNE, TEXAS
The Van Alstyne Community and Economic Development Corporations have three openings, each being a two-year term.
Applications will be accepted until August 7, 2023. Apply Today!