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Coryell County approves $1.24 million tax note; Texas Regional Bank wins bid at 3.86%
Summary
Coryell County Commissioners approved an order authorizing the issuance and sale of Tax Note Series 2025 to generate roughly $1.24 million in proceeds. Texas Regional Bank submitted the lowest bid at a fixed 3.86% rate; closing is scheduled for June 11.
Coryell County Commissioners on Tuesday approved an order authorizing the issuance and sale of the county's Tax Note Series 2025 to raise roughly $1.24 million for county projects.
Bond counsel told the court the lowest bid came from Texas Regional Bank at a fixed 3.86% interest rate. The note will mature in 2032 and is callable beginning in early…
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