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Grayson County approves tax notes issuance; $5 million project fund, competitive sale to close June 11

3286696 · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The commissioners approved an order authorizing issuance of Grayson County Tax Notes Series 2025 following a competitive sale that drew nine bids; the winning bidder was Hilltop Securities with a rate just under 3.3%, and the county's S&P rating was affirmed as AA.

Grayson County Commissioners Court approved an order authorizing the issuance and sale of Grayson County, Texas tax notes series 2025 after a presentation from the county's financial advisor.

Dave Gordon of Estrada Hinojosa, the county's financial advisor, told the court the county planned a $5,000,000 project fund for the notes and ran a competitive sale because of the relatively small amount and short six-year term. He said the competitive sale drew nine bids; the winning bidder was…

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