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Council authorizes notice of intent to issue up to $49.3 million in certificates of obligation
2138913 · January 7, 2025
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Summary
The Colony authorized a notice of intent to issue certificates of obligation of up to $49,297,500 and set a March 4 meeting to consider final sale; one councilmember registered an abstention.
The Colony City Council on Jan. 7 approved a resolution authorizing publication of a notice of intent to issue certificates of obligation (COs) with a not-to-exceed principal amount of $49,297,500 and scheduled a March 4 meeting to consider the final sale.
Jason Hughes of Hilltop Securities presented the financing plan,…
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