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San Juan approves $16M combination tax and limited-pledge certificates of obligation

5467840 · July 24, 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

Commission approved an ordinance authorizing issuance of combination tax and limited-pledge revenue certificates of obligation, with staff saying market timing reduced interest costs.

The San Juan City Commission approved an ordinance authorizing the issuance of combination tax and limited-pledge revenue certificates of obligation, series 2025, to fund designated city projects. City staff described the financing structure and said recent market conditions produced interest savings.

During presentation, staff explained the certificates will be…

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