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Olive Branch authorizes municipal adviser, signals intent to issue up to $10 million in GO bonds
Summary
The board approved hiring an independent municipal adviser and adopted a resolution declaring the city's intent to issue general obligation bonds of up to $10 million to fund capital projects, starting the public notice process.
The Olive Branch Board of Aldermen voted to employ an independent registered municipal adviser and adopted a resolution declaring the city’s intent to issue general obligation bonds in an aggregate principal amount not to exceed $10,000,000 for various capital projects.
City staff said the actions are preliminary steps in the bond issuance process. Hiring a municipal adviser is…
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