Houston Combined Utility System Revenue Bonds
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**PULLED – This item will not be considered on Wednesday, October 28, 2026 ORDINANCE providing for issuance of City of Houston, Texas, Combined Utility System Revenue Obligations, providing for the payment thereof; making other provisions regarding such obligations and matters incident thereto, including Covenants and Agreements relating to the operation and management of the Combined Utility System, the Revenues derived from its operation and ownership, the establishment and maintenance of funds and accounts for the payment of such obligations, specifying the terms and conditions for the issuance of such obligations and other matters incident and related to their issuance and security; and declaring an emergency
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Actions
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Obtain revised utility system revenue bond ordinance text
Why now: The pulled item on October 27, 2026 describes covenants relating to operation and management of the Combined Utility System, revenues, and funds and accounts, and no next step is recorded.
What to do: Request the original and any revised ordinance text and ask whether the pulled version's covenants on operation, revenues, and fund accounts were changed before it returns. Bond counsel and lenders relying on those covenants should compare versions rather than assume the pulled draft is final.
Act before: After the next material record update
Ask why Houston pulled utility system revenue bond ordinance
Why now: The October 27, 2026 record shows Item 6 marked 'PULLED' and 'Not Received - Not Considered' for the October 28 meeting, even though the ordinance declared an emergency.
What to do: Ask the City Controller's office and the Mayor's office why the Combined Utility System revenue obligations ordinance was pulled, and whether it is being rewritten or rescheduled. The item carried an emergency declaration, so an unexplained withdrawal is a notable anomaly.
Act before: After the requested records are produced
Key Entities
Timeline
**PULLED – This item will not be considered on Wednesday, October 28, 2026 ORDINANCE providing for issuance of City of Houston, Texas, Combined Utility System Revenue Obligations, providing for the payment thereof; making other provisions regarding such obligations and matters incident thereto, including Covenants and Agreements relating to the operation and management of the Combined Utility System, the Revenues derived from its operation and ownership, the establishment and maintenance of funds and accounts for the payment of such obligations, specifying the terms and conditions for the issuance of such obligations and other matters incident and related to their issuance and security; and declaring an emergency
Vote: 0 for, 0 against
not considered - ordinance providing for issuance of Combined Utility System Revenue Obligations