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Council to decide whether voters have a say in $27.9 million debt funding for Lubbock ‘needs’ Council to decide whether voters have a say in $27.9 million debt funding for Lubbock ‘needs’ By Kase Wilbanks | April 21, 2021 at 5:09 PM CDT - Updated April 21 at 6:50 PM LUBBOCK, Texas (KCBD) - The Lubbock City Council’s Future Needs Committee has identified three projects it believes need immediate action and $27.9 million in debt issued as soon as possible to fund them. That funding would possibly through Certificates of Obligation (CO), a way to fund projects without voter approval. “The CO proposal is based upon: we need to do it now,” Councilwoman Latrelle Joy said at an April 13 council meeting. “If it’s approved, we will move quickly to go ahead and do all the details that are necessary for issuance and get that done. It there is a bond election, that cannot occur until November.”

United statesCity of lubbockJeff griffithAdan popeShelia patterson harrisSteve massengaleCity councilCertificates of obligationLubbock city council future needs committeeCity council onNeeds committeeLubbock city councilFuture needs committeeLatrelle joyCouncilman jeff griffithCouncilwoman shelia patterson harris