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Council authorizes notice for up to $15.5 million inCertificates of Obligation for new fire station; 45‑day publication begins
Summary
Midlothian City Council voted 5–2 to direct publication of a notice of intent to issue up to $15.5 million in certificates of obligation to finance construction and equipping of Fire Station No. 4; the publication begins the 45‑day statutory posting period.
Midlothian City Council on June 24 voted 5–2 to direct publication of a notice of intent to issue certificates of obligation in an amount not to exceed $15,500,000 to construct and equip Fire Station No. 4.
City financial staff and the city's bond advisor explained that the resolution starts a 45‑day public posting window required by state law before the city may issue certificates of…
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