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Council accepts quarterly investment report; bond issuance item included in consent agenda
Summary
At the May 20 meeting the council accepted the investment officer's second‑quarter report showing investment returns that staff said exceeded $4.8 million. The consent agenda also included an ordinance authorizing issuance of $33 million in general obligation bonds; the consent package (items 9–21) passed unanimously.
The council accepted the City of Carrollton’s investment officer second‑quarter report during the May 20 meeting and approved a consent agenda that included an ordinance authorizing general obligation bonds.
Councilmember Daisy Palomo, who serves on the Finance Committee, recommended acceptance of the investment report and…
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