Felix Balderas 
BROWNSVILLE- On January 13 the Brownsville Public Utilities Board held a meeting to discuss the distribution of the Tenaska Equity Fund. BPUB Chief Financial Officer Miguel Perez presented a four-step process to ensure compliance. This four-step process includes:
- Designated financial officer issues certificate attesting system will generate sufficient revenues to cover debt service obligations.
- The governing body makes a finding and determination in alignment with the certificate issued by the designated financial officer.
- BPUB Board recommends action based on written certification from a nationally recognized consulting engineering firm.
- Rating agencies provide letters affirming action will not result in a withdrawal or lowering of rating.
BPUB will continue to make updates on its website https://www.brownsville-pub.com/ , Facebook, and Twitter.
