Superior council approves parameters to speed bond refunding
The Superior Common Council approved a parameters-based approach to refund municipal bonds, allowing a small committee to accept bids that meet pre-set thresholds (interest under 2.267% and projected savings of at least $241,085). The measure passed by voice vote.
The full story
The Superior Common Council on Aug. 15 approved a parameters-based approach to refunding outstanding bonds, allowing a small committee to accept the best bid if it meets preset thresholds rather than waiting for a formal sale at a later meeting.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in