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County advisers outline financing options as commissioners prioritize radios, elevators and chillers
Summary
Bond counsel presented borrowing scenarios for a five‑year capital-improvement plan totaling about $120M, and county staff flagged three near-term capital priorities — Metrocom radios (~$2.07M), courthouse elevators (~$1.6M) and chillers (~$2–2.5M) — that could be funded by a certificate‑of‑obligation sale this fall.
Nueces County’s bond counsel and finance staff laid out options for financing capital needs the commission identified in its capital‑improvement plan. Noe, the county’s bond advisor attending the Aug. 12 workshop, showed two debt models: annual smaller borrowings that mirror each year’s needs and a multi‑year plan that groups projects into larger tranches every other year. Staff noted roughly $120…
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