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Fulshear accepts low bid on $13.5M parks bonds, council adopts related ordinance
Summary
The council approved acceptance of BofA Securities' low bid and adopted Ordinance No. 2026‑1532 after hearing that the $13.5 million parks financing priced at an all‑in 4.39%, reducing projected annual debt service by about $50,000.
The Fulshear City Council on Tuesday accepted the low bid for a $13.5 million parks bond sale and adopted an ordinance to proceed with closing.
Kristen Blomquist, financial advisor with Masters & Advisers, told the council the competitive sale drew seven bids and the city received a low bid from B of A Securities. Blomquist reported an all‑in cost of 4.39% over the…
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