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Budget committee recommends DA Davidson engagement letter for Tumwater bond underwriting; move to consent calendar approved
Summary
TUMWATER, Wash. — The Budget & Finance Committee on May 23 recommended placing a bond-underwriting engagement letter with DA Davidson on the June 3 consent calendar.
TUMWATER, Wash. — The Budget & Finance Committee on May 23 recommended placing a bond-underwriting engagement letter with DA Davidson on the June 3 consent calendar, authorizing the city to begin preparatory work for debt financing of planned capital projects.
Troy (staff member) told the committee the city has two major capital projects planned in the biennium — an operations-and-maintenance facility and a water storage tank — and that…
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