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Coryell County approves $1.24 million tax note; Texas Regional Bank wins bid at 3.86%

5591892 · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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