Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Randall County court approves plan to pursue up to $10 million in certificates of obligation for justice center, roads and drainage
Summary
Randall County Commissioners Court on May 27 authorized county staff and the county's financial advisors to proceed with preparations for a certificate of obligation sale aimed at funding an expansion of the Randall County Justice Center and other capital projects while targeting no increase in the county's tax rate.
Randall County Commissioners Court on May 27 authorized county staff and the county's financial advisors to proceed with a proposed certificate of obligation (CO) financing that would be structured to add about $10 million in new debt service while aiming to hold the county's tax rate steady.
The action, taken after a presentation from Samco Capital Markets's financial advisor Mark McLaney, directs staff to begin the public-notice process with a return to court June 10 for a formal notice-of-intention resolution. The resolution would allow a future CO issuance not to exceed a larger ceiling for multiple…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
