Advisor recommends using existing 2023 Certificate of Obligation funds rather than surrendering them

Oct 28, 2025

Tony Jasso of Estrada Hinojosa briefed the Del Rio City Council on options for surrendering 2023 Certificate of Obligation funds, noting associated call-date costs and that precise escrow figures need further calculation; he advised the council that it may be more beneficial to use the low-interest funds for their intended purpose.

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Tony Jasso of Estrada Hinojosa presented to the Del Rio City Council on Oct. 28 about the City’s 2023 Certificate of Obligation (CO) funds and options for surrendering them.

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