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Hitchcock council approves notice of intent for $3.5 million certificates of obligation
Summary
The council approved publication of a notice of intent to issue approximately $3.5 million in certificates of obligation to fund wastewater and sewer projects, with plans for a private placement and a 15-year amortization.
The Hitchcock City Council voted to authorize publication of a notice of intent to issue approximately $3,500,000 in certificates of obligation to fund specific public works projects, city financial advisor Cameron Thatcher told the council.
Thatcher, of Huntington Capital Group, said the proposed allocation included about $1,370,000 for headworks improvements and…
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