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Frisco council approves notice to issue $90 million in certificates of obligation for parking, utilities

3512581 · January 21, 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

The Frisco City Council voted 6-0 to publish notice of intent to issue certificates of obligation totaling $90 million — $70 million for a parking garage tied to the Fields development and $20 million for water, sewer and streets — with a parameters ordinance scheduled for March 18.

The Frisco City Council voted 6-0 Tuesday to publish notice of intent to issue certificates of obligation totaling $90 million to fund a parking garage and water, sewer and street work in north Frisco.

Derek Hahn, the city’s chief financial officer, told the council the notice covers a $70 million parking garage linked to the Fields development in Frisco’s northern quadrant and $20…

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