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Wyoming approves $1.975 million general obligation bond sale; winning bid 3.222%
Summary
The Wyoming City Council approved Resolution 24-10-95 to sell $1,975,000 in general obligation improvement bonds (series 2024A) to finance 2024 street projects. Baker Tilly municipal advisor Chris Hogan reported a winning bid of 3.222% from Brownstone Investment Group and noted a Moody's upgrade to AA2.
Chris Hogan, the city’s municipal advisor from Baker Tilly, told the Wyoming City Council on Sept. 17 that the city marketed $1,975,000 in general obligation improvement bonds, series 2024A, to finance 2024 street improvement projects. “I'm Chris Hogan from Baker Tilly serving the city as their municipal advisor,” he said and reported that the sale that morning produced a winning bid of 3.222% from Brownstone Investment Group, LLC.
Hogan told the council…
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