Council approves $26.07M certificates of obligation after competitive bids Montgomery accepted competitive bids and approved issuance of certificates of obligation; the top bid from BFA Securities yielded a true interest cost of about 3.6493 percent and proceeds of roughly $27.445M for project funding.

Montgomery City Council just secured $27.4 million in project funding with a competitive bond bid, all while keeping property taxes unchanged!

Click to read more!

#MontgomeryMontgomeryCounty #TX #CitizenPortal #CommunityDevelopment #MontgomeryCouncil #FiscalResponsibility #PublicFunding