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Frio County authorizes $15 million Certificates of Obligation Series 2024; court signs financing order
Summary
Frio County Commissioners Court approved an order authorizing the issuance of $15 million in Certificates of Obligation Series 2024 after bond advisors reported competitive underwriting and a true interest cost near 3.78%; funds are expected to be delivered Oct. 29 pending closing.
Frio County’s commissioners on Oct. 29 authorized the issuance of Frio County Certificates of Obligation Series 2024, approving the legal documents and related sale terms that bond advisers said will generate about $15 million in project funds.
County Auditor Crystal Marquez presented the order and supporting documents, and a bond advisor summarized the day’s pricing, saying the true…
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