[{"_1":2,"_123":-5,"_124":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99,111],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6475618,"mediaKeyId","5732262-5be755f959dc85217377ae27ecd88d0f","parentId",5732262,"title","Josephine council backs Purdue Pharma bankruptcy plan allowing city to claim settlement funds","audioSeconds",173,"startMs",5517000,"endMs",5690000,"viewUrl","/Search/View?dp=1&key=5732262-5be755f959dc85217377ae27ecd88d0f&start=5517&end=5690","thumbnailUrl","https://assets.pipeline.soar.com/5732262-5be755f959dc85217377ae27ecd88d0f/thumbnail_5517000.jpg","articleUrl","/articles/6475618/Josephine/Collin-County/Texas/Josephine-council-backs-Purdue-Pharma-bankruptcy-plan-allowing-city-to-claim-settlement-funds","mediaUrl","https://secure.pipeline.soar.com/6475618-7616869c6d345367a8124a1bf468400a/orig.mp4?Expires=1771165401&Signature=jnUkl7-x46l2zyIvZOknI4mUnmMK75UmEkd5Iik-QEbgsrfQ-lk0OHNajD-kHYy2Pa5~0oQtsTqOckMfztPTLj6LPQhYOU0D712SbMZs0pd63Y4uPJ6s-ppPBlTnBnHTCT3TBOl8pVJj3JRSv0O~pOEyWARk8tw5Wimp2VAuZzfZPI2EJ5jWhJnt5oWOHlJJgopuiwgzhgNnzUCMZVq5-LjojIQ-2Uv62oEnhet66OmSUR93AwLS2Vl54ut6zGioKEtZVNG579tQNmNve5fLM-VQ9TGZYzXx5-tEDaT15UsRP~mt~XxusfXmI~Y8QJdE0orHc9kPf4TBthxzIqSPWQ__&Key-Pair-Id=KUT5TJCACFTXG","author","Josephine","date","2025-09-08T22:58:45Z","article","The City of Josephine voted to approve a resolution accepting the plan of reorganization in Purdue Pharma’s bankruptcy settlement, a step that allows political subdivisions to opt into the national settlement and preserve a share of the distribution rather than pursuing separate litigation against the Sackler family.

City staff described two components of the broader settlement: an estate settlement and a separate direct-settlement channel for participating governmental entities. Under the plan, roughly $1.5 billion is an initial component and additional payments and Purdue assets will provide billions more over time; the plan dedicates funds for opioid addiction treatment, distribution of reversal medications and a document repository of internal materials. Staff explained the settlement is opt-in: participating entities release claims against the Sackler family in exchange for a share of the reorganized assets and cash.

City attorney/staff said the State of Texas will receive a substantial allocation and that Collin County is expected to receive roughly $1.3 million under the broader allocation. Locally, staff estimated Josephine’s likely share would be modest — staff earlier cited a possible range of about $800 to $1,200 under prior disbursements — but recommended the city accept the plan so the funds can be used for treatment, reversal medications and education as intended by the settlement.

A staff member noted the settlement includes document disclosure requirements and funds for public-benefit functions; staff advised keeping records and ensuring funds are spent in accordance with the designated purposes.

The council adopted the resolution to approve the bankruptcy plan. Council members said they favored accepting settlement funds for local use rather than forgoing the allocation and pursuing separate litigation.","mediaType","Video","parentTitle","City Council Meeting - September 8, 2025","oneSentenceSummary","The council adopted a resolution approving the bankruptcy plan of reorganization for Purdue Pharma, authorizing the city to opt into a national settlement; city staff said Josephine’s likely share would be modest and recommended accepting the settlement.","taxTitle","Josephine, Collin County, Texas","taxId",79733,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6475623,"Council closes Josephine CDC account, transfers remaining funds to city general fund pending MDD setup",331,5019000,5350000,"/Search/View?dp=1&key=5732262-5be755f959dc85217377ae27ecd88d0f&start=5019&end=5350","https://assets.pipeline.soar.com/5732262-5be755f959dc85217377ae27ecd88d0f/thumbnail_5019000.jpg","/articles/6475623/Josephine/Collin-County/Texas/Council-closes-Josephine-CDC-account-transfers-remaining-funds-to-city-general-fund-pending-MDD-setup","https://secure.pipeline.soar.com/6475623-85983699b9b7f6fa727d6a2e37d87234/orig.mp4?Expires=1771165401&Signature=Zeo0XYaUVBAZ0JZJEF5PHksSvYaVCZHNbxvg2ubMcRy4yHq6uWs~Yrdm5-pq~3CJsfgYKXcj5vLA9rAk7J2Hgk33DXrioAG58u0n9wJr6RL8kbkDes~-PfgqfXjukCMO0M2lZRb6kMP2roICg0bCDOCJsHSWD9-KZRf1sZmEexeX0j2~2PjMZy3BQ5V1q-GlhFLGPZ7RXxn~EBUGqFkgHl4T8bH9uOcoks2flO7GfRHkXShvqD6f1S8WiNBX5WLSQGHUIlMHOeJTq~XiKv2-~DaQSUd~5hC8ct3QeD5Rb9R73LHBL0IwNQSaRcanxf6VpML4g~d1zv~xjJun~CHeGw__&Key-Pair-Id=KUT5TJCACFTXG","The City of Josephine on Sept. 8 approved the fiscal year 2024–25 budget for the former Josephine Community Development Corporation (JCDC) and adopted a resolution transferring the remaining JCDC funds, less bank fees, into the city’s general fund and closing the JCDC bank account.

Discussion centered on a Municipal Development District (MDD) account that staff reported is already open and receiving state deposits. Some council members argued the remaining funds should be moved directly into the MDD bank account because the district exists and has restrictions on allowable uses. Others urged caution, noting the MDD board and bylaws are not yet formally established and that moving funds to an account without staff and approved bylaws could hamper ongoing projects that rely on disbursements.

City staff recommended transferring the remaining JCDC balance into the city’s general fund as a tracked line item until the MDD is fully constituted, after which the funds can be moved or allocated by the MDD under its bylaws. Council members said the JCDC funds should not be spent without the MDD governance and budget in place.

Council voted 4-1 to approve the JCDC budget, transfer remaining funds to the city general fund and close the JCDC account. Council and staff said they expect to finish the MDD establishment steps (bylaws, appointments) in the near term and to track the transferred funds so they are available for MDD-authorized projects once the district governance is in place.

Authorities and references: During discussion, a council member cited Local Government Code Title 12, Chapter 505 and referenced Texas Attorney General opinions noted in the packet (cited verbally as “JC0118” and “GA01819”) concerning development corporation purposes and limits on spending. City staff said the funds currently in the MDD account are being deposited automatically and are not being spent until the MDD has an authorized board and adopted budget.","The council approved the FY2024–25 annual budget for the former Josephine Community Development Corporation and a resolution transferring remaining JCDC funds to the city’s general fund while the Municipal Development District (MDD) is being stood up; motion carried 4-1.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6475627,"Council approves $30,000 amendment for on-call civil engineering work, asks for a consultant review before further amendments",491,3709000,4200000,"/Search/View?dp=1&key=5732262-5be755f959dc85217377ae27ecd88d0f&start=3709&end=4200","https://assets.pipeline.soar.com/5732262-5be755f959dc85217377ae27ecd88d0f/thumbnail_3709000.jpg","/articles/6475627/Josephine/Collin-County/Texas/Council-approves-30000-amendment-for-on-call-civil-engineering-work-asks-for-a-consultant-review-before-further-amendments","https://secure.pipeline.soar.com/6475627-0d75bc466b96d991c205000e21b21e70/orig.mp4?Expires=1771165401&Signature=jr2lsKWfGsD-UhLU-ngH9OWbmSiCHRI6YG0Fq2dVHOAt9TIKc2U6PblhfDj10MnBvCNXfm3sXJ18kiGedFrCAsxqUUDK1JExCqBUvC2C8aUA3oy8wB1WMNuGetwEZyJ77sqh-bHqCavUIrm5AJDJnzmmb~NtSSZN-dqL25vHZ2se3MV4xSS7C6l4hP6YSgiKV47vMGyqiww4hHnvCEPaHxkTfzwOnGk-zCGFO5gucBi~Hw~7ouXFG0tFmRGRpJ1AWuzdoAOlAi5BEsHm5cSiNLV90LTQjDw9ir~LnhE1IFSpBmPYVTQfCovcmsFOK7Ptf51mskLjvEi5QC63dWf1DA__&Key-Pair-Id=KUT5TJCACFTXG","The City of Josephine on Sept. 8 approved Amendment No. 2 to Individual Project Order (IPO) No. 30 — an on-call civil engineering services agreement with Kimberly Horne & Associates — in an amount not to exceed $30,000 for work covering August and September.

Kimberly Horne summarized work performed under the on-call agreement in recent months: council and planning meeting attendance, GIS and interactive map updates, multiple subdivision utility and record-drawings uploads (including Meadow Ridge, Waverly Estates Phase 2 and Magnolia phases 1–9), coordination on pump-station recommendations, and design-phase tasks tied to Greenville Avenue reconstruction and several commercial reviews.

Councilmember discussion focused on the pace of developer-driven submittals, the volume of GIS-related work and the need for better contractor-cost transparency. One council member asked whether past and ongoing engineering invoices are being passed through to developers; staff said project-specific fees are billed back to the associated developer in many cases and estimated 30–40% of billed engineering work is passed through.

Before approving the amendment, one council member moved — and the council approved — an amendment to the motion that delayed any further amendments (referred to as “Amendment 3” in discussion) until staff completed a planned 90-day review of consultants, contractors and professional services as directed earlier in recent council minutes. Kimberly Horne said the $30,000 amendment covers work already performed in August and near-term work for September and that the original on-call authority ($50,000 yearly) will restart in the next fiscal year.

Vote and next steps: The motion to approve Amendment No. 2 (with the condition that staff pause any further amendments pending the consultant-review process) carried. Council asked staff to return with the consultant-review materials and clarified that pass-through billings for specific developer projects will be accounted for separately.","City council approved Amendment No. 2 to Individual Project Order (IPO) No. 30 with Kimberly Horne & Associates for on-call civil engineering services not to exceed $30,000, while directing staff to review consultant contracts across the budget before approving further amendments.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6475632,"Council receives public-safety building update; approves $18,266 change order for turf and privacy fence",1816,1415000,3231000,"/Search/View?dp=1&key=5732262-5be755f959dc85217377ae27ecd88d0f&start=1415&end=3231","https://assets.pipeline.soar.com/5732262-5be755f959dc85217377ae27ecd88d0f/thumbnail_1415000.jpg","/articles/6475632/Josephine/Collin-County/Texas/Council-receives-public-safety-building-update-approves-18266-change-order-for-turf-and-privacy-fence","https://secure.pipeline.soar.com/6475632-18c8aab1b54ec43a7a14086a11e3af48/orig.mp4?Expires=1771165401&Signature=Py7urVmFI0vtNEc38ldEZtGqNJdoHDrP0o3J3wgCzmfEhomyF74xnLcBT-E7duexECRH-hFTkxUThIPdxL-9Ak5rphbLzHx~~KyyIEnD4zcmFAfhXGIPP0ahLMJ6hJ2gkZWv95O6gCNFTsA8hlpO2nnDW1bLGPg6nPQ~c1Hc4T-xRVuoNEB0PT9Hr8GER~8F0vHo7ZELbfZgkuCODWX4iomuVkXORrZ2oMbvGLr5pdefDspztEdJQSS7BJ5dMbJNXmGNomBVa2RMyKRMwtt5-0IrvbagghCaMI2fJGlJpi4qlSdTKE-B3aoiCTFfRF2bShNDb8SGuDbpAkehIZcqNQ__&Key-Pair-Id=KUT5TJCACFTXG","Council members received a monthly progress update on the city’s public-safety building and approved a modest change order to add artificial turf and privacy fencing at the site.

Ethel, project manager representing AGCM, told the council the project remains on budget and that major structural and utility milestones are complete or near complete: foundations and paving were reported at about 89 percent complete for August, precast panels and masonry erection were finished, roofing and most overhead doors are in place, and mechanical and electrical systems are advancing. AGCM reported no critical nonconforming issues and noted upcoming tasks including millwork, flooring and final façade and landscaping.

Council unanimously accepted the AGCM report. “We have 96 on general conditions, 100% for utilities and precast panels,” Ethel said while listing progress marks.

Change order: The council then discussed a proposed change order to add artificial turf (approximately 867 square feet) and a privacy fence adjacent to a fitness area for a combined cost of $18,266.80. Several council members and public-safety staff debated options, including lower-cost alternatives such as sod or tire-chip aggregate and the maintenance tradeoffs. Police staff and a fire-department representative both said they preferred turf for low maintenance and durability for outdoor workouts; one council member suggested surveying the intended users before committing.

After discussion, a motion to approve the change order passed unanimously. Council directed staff to explore alternative pricing in the future if the council requests it, but approved the turf and fence installation so construction can proceed without delay.

Votes and next steps: The AGCM report was accepted and the turf/fence change order was approved by unanimous vote; staff will proceed with contract changes and schedule the work. Ethel said the project has one pending change order under consideration and that staff will return with details for any additional time or budget requests.","Project manager AGCM reported construction progress on the new public-safety building; council accepted the monthly report and approved a $18,266.80 change order to add artificial turf and a privacy fence adjacent to the fitness area.",{"_33":112,"_35":36,"_37":38,"_39":113,"_41":114,"_43":115,"_45":116,"_47":117,"_49":118,"_51":119,"_53":120,"_55":56,"_57":58,"_59":121,"_61":62,"_63":64,"_65":122,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6475636,"Josephine council approves $15.0 million certificates of obligation to fund water, sewer and drainage projects",1371,1321000,2692000,"/Search/View?dp=1&key=5732262-5be755f959dc85217377ae27ecd88d0f&start=1321&end=2692","https://assets.pipeline.soar.com/5732262-5be755f959dc85217377ae27ecd88d0f/thumbnail_1321000.jpg","/articles/6475636/Josephine/Collin-County/Texas/Josephine-council-approves-150-million-certificates-of-obligation-to-fund-water-sewer-and-drainage-projects","https://secure.pipeline.soar.com/6475636-5ee2b01867701cb4414f70b1eae8726d/orig.mp4?Expires=1771165401&Signature=QLAHIZr6kMZctYvCxBlEW5bREMKFP777NWvLyZSLW3k6VOEIa4rOiTbMRgwV6IBcqZfAhurWgVgWWBUGCZhc8OlmSepvPdDSvqNmqAvQYC3whVy7WDrwyprKakux8J-PcbRtCRRLMoQ-vcISqko-Xg7bd7RW0uHk191kbc60-vDEDT16J5M4GXHzgkOv7NBDEJbnvWsxgEWU1KkJUNXkEQ3isBQYD66g9giqS9EWmakZTSDEsUdsbQXArQbsUH-JW0rXaf~~~xKGvezoYO6TuKApRcJUgOFUVMENC-VHOyJ3f4udIRdnq2-~2cUf8nP1ShJxjykgXTO1pF0vdRxUKQ__&Key-Pair-Id=KUT5TJCACFTXG","The City of Josephine on Monday adopted an ordinance authorizing the issuance and sale of combination tax-and-revenue certificates of obligation, series 2025, to fund up to $15,700,000 in water and sewer utility projects and flood-control, stormwater and drainage work.

Hilltop Series financial adviser Jim Savos, presenting the sale results, said the city competitively received five bids and secured a final par amount of $14,995,000. Savos said the city’s credit was confirmed at AA- and that the transaction was competitively priced, producing an effective interest-cost benchmark of roughly 4.57 percent and producing approximately $15,047,000 in project funds after premium and costs. “As your financial adviser, we recommend approval,” Savos told the council.

The ordinance splits the borrowing: roughly $3.79 million is structured to be repaid from the city’s interest-and-sinking (I&S) ad valorem taxes and $11.257 million from net utility revenues. City staff told the council there are no planned immediate utility-rate increases tied to the borrowing beyond normal annual adjustments, and that most of the utility-funded debt will be repaid from new connections as the city grows.

Why it matters: Council discussion focused on affordability and timing. Supporters said the low effective interest cost and the city’s growth mean the added debt can be absorbed without increasing the city’s I&S tax rate. Savos’s presentation said conservative assumptions show the city’s existing I&S rate need not rise to cover the new issuance and that the utility fund should maintain a projected cash-flow cushion of about $373,000.

Council members asked for specifics on the ordinance text, par amount and interest figures; staff and Savos said the ordinance packet contained placeholders and that bond counsel will insert the final par amount ($14,995,000), maturities and interest details before Attorney General review. Savos said the city expects to close the sale Sept. 24 after the Attorney General’s municipal bond review.

Dissent and fiscal concern: One council member warned the council that the city’s cumulative debt (described during public comment as roughly $43 million) represents a high per-resident burden and said the total obligation felt large for the community’s size. City staff replied that the debt is structured for the long term and that delays would increase future costs and slow essential projects, including wastewater treatment capacity and drainage work.

Vote and next steps: The ordinance passed on a 4-1 vote. If adopted as filed the sale documents will be submitted to the Texas Attorney General for review before closing later in September. The ordinance text will be updated with the final par amount, interest cost and the call/maturity details prior to filing.","The City of Josephine on Sept. 8 approved a combination tax-and-revenue certificate of obligation series 2025 to fund water, sewer and stormwater projects. Financial adviser Hilltop reported a favorable sale, a AA- rating confirmation, and an effective interest cost near 4.57 percent. The ordinance passed 4-1.","actionData","errors"]

Article not found

Josephine council backs Purdue Pharma bankruptcy plan allowing city to claim settlement funds

Council closes Josephine CDC account, transfers remaining funds to city general fund pending MDD setup

Council approves $30,000 amendment for on-call civil engineering work, asks for a consultant review before further amendments

Council receives public-safety building update; approves $18,266 change order for turf and privacy fence

Josephine council approves $15.0 million certificates of obligation to fund water, sewer and drainage projects