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McKinney council approves notice of intent to issue $30 million in certificates of obligation for library and Impact renovations
Summary
Council authorized publication of intent to issue about $30 million in certificates of obligation to fund renovations to library facilities and improvements at Impact; timetable includes bond ratings in April and closings in June.
The McKinney City Council on Jan. 21 approved a resolution authorizing publication of notice of intent to issue certificates of obligation totaling approximately $30,000,000 to finance renovation and improvement projects at city library facilities and at Impact (an existing facility referenced in the staff presentation).
Mark Holloway, the city’s chief financial officer, told council the package is planned as part of…
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