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Caldwell County adopts resolution to defease portion of 2014 refunding bonds, authorizes redemption

Caldwell County Commissioners Court · August 27, 2024

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Summary

The court adopted Resolution 26‑2024 to defease and call for redemption of certain outstanding limited-tax refunding bonds (series 2014), authorizing county officials to determine the principal amount (not less than $360,000) to be redeemed depending on available funds and to pay related professional fees.

County staff summarized Resolution 26‑2024 and read key recitals explaining that Caldwell County previously issued limited-tax refunding bonds (series 2014) with an original principal amount of $8,555,000 and current outstanding principal of $4,665,000, maturing in part between 2025 and 2032. The…

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