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Bellaire awards $6 million tranche of general obligation bonds; Fidelity Capital Markets wins competitive sale
5965356 · October 20, 2025
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Summary
The City of Bellaire approved an ordinance Oct. 20, 2025, authorizing a $6 million issuance of general obligation bonds and awarded the competitive sale to Fidelity Capital Markets at a true interest cost of about 4.07 percent.
The City of Bellaire approved an ordinance Oct. 20, 2025, authorizing the issuance of $6,000,000 in general obligation bonds (series 2025) to finance capital drainage projects. The sale was conducted competitively earlier the same day and drew five bids. City financial advisor James Gilley of US…
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