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Starr County approves issuance of $2025 certificates of obligation to fund courthouse work
Summary
The Starr County Commissioners Court voted to authorize Certificates of Obligation Series 2025 after hearing market pricing and financing scenarios from its financial advisor and bond counsel; commissioners did not set a tax rate during the action.
Starr County Commissioners Court on Monday authorized the issuance of Certificates of Obligation Series 2025 to help fund courthouse repairs and related projects. The court approved an order authorizing the bonds after presentations from the county’s financial advisor and bond counsel, and a motion carried without determining a tax rate.
The action followed a market update from the county’s financial advisor, who described successful demand for the county’s long-term maturities and said the final pricing produced an effective interest rate…
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