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Council approves notice of intent to issue up to $23M in tax and revenue certificates of obligation
3413730 · May 20, 2025
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Summary
Murphy’s council approved publication of a notice of intent to issue tax and revenue certificates of obligation not to exceed $23 million for general and utility infrastructure projects; the resolution passed with Councilmember Ken Oltman voting no.
The City Council on May 20 approved a resolution authorizing publication of a notice of intent to issue tax and revenue certificates of obligation with a not-to-exceed amount set at $23 million. The action allows the city to begin the statutory publication process required before issuing certificates of obligation for…
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