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Auditor Cathy Fix to retire; reports favorable bond sale with 3.49% interest
Summary
City Auditor Cathy Fix, attending her final Council meeting before retirement, reported the city's recent bond issuance attracted seven competitive bids and resulted in a final interest rate of 3.49 percent; Council members praised her years of service.
Acting Mayor/President Dan Rospert and Council recognized City Auditor Cathy Fix on her final Council meeting before she retires after roughly 15–16 years of service. Rospert praised Fix’s stewardship and said Council appreciated the thorough financial information she provided over the years.
Auditor Fix provided a final update on recent borrowing: she reported the City's bond issuance attracted seven competitive bids and resulted in a final interest rate of 3.49 percent, lower than originally projected. Council members thanked Fix; Council Member Zach Berger said, “Nice job one last time.”
