Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Denison council approves $20.3 million certificates of obligation sale
Summary
The Denison City Council approved an ordinance authorizing issuance of $20.3 million in combination tax and surplus revenue certificates of obligation (Series 2026B) after a competitive sale that drew 11 bidders and resulted in a reported true interest cost of about 3.93%.
The Denison City Council unanimously approved an ordinance on March 16 authorizing the issuance of combination tax and surplus revenue certificates of obligation, Series 2026B, to raise approximately $20,300,000 for project funds.
City staff described the bonds as sold competitively earlier in the day. A Hilltop financial advisor who reviewed the sale reported there…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
