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Wyoming council authorizes $2.885 million bond sale to fund 2024 street projects
Summary
The City of Wyoming approved a resolution to pursue a negotiated sale of $2,885,000 in general obligation improvement bonds (Series 2024A) to finance 2024 street improvements; council heard a presale summary, timeline and financing terms including a 15‑year repayment and 3.89% true interest cost.
The City of Wyoming on July 16 approved a resolution to authorize a negotiated sale of $2,885,000 in general obligation improvement bonds to finance the city’s 2024 street improvement projects. City staff and municipal advisor Chris Hogan of Baker Tilly presented the presale summary and timetable.
Hogan told the council the city will hold a rating conference on July 31, accept bids on Aug. 7, and expects to receive bond…
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