Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hood County outlines plan to issue about $51.34 million in bonds and approves $691,103 jail construction contract
Summary
Hilltop Securities presented a plan to issue roughly $51.34 million in bonds to fund about $30 million in road work and about $24 million for a jail expansion; commissioners authorized a not-to-exceed $691,102.60 contract with Kitchell for construction‑management services and set next financing steps.
Hilltop Securities told the Hood County Commissioners Court it plans to pursue a roughly $51.34 million bond issuance to fund the county’s first-phase projects, including about $30 million for road improvements and about $24 million for the jail expansion. Jim Saponis of Hilltop Securities said the bond package "is issuing about 51,340,000" and noted the county’s AA+ rating from S&P Global would support a competitive sale.
The court approved a professional-services…
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
