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Crockett council authorizes publication of notice of intent for certificates of obligation to fund fire and police vehicles
Summary
Council approved publishing a notice of intent to issue certificates of obligation to finance a Class A fire pumper, ladder truck refurbishment and four police pursuit vehicles; financial adviser said the likely issuance could raise the tax rate by roughly two cents under conservative assumptions.
Council approved a resolution authorizing publication of a notice of intent to issue certificates of obligation to finance public-safety vehicles and associated equipment. Staff framed the item as a notification step required before soliciting bids; Ben Rosenberg (financial adviser) explained…
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