Marble Falls approves $4.405M bond debt refinance

Connie Swinney
Staff Writer

Marble Falls City Council approved refinancing of $4.405 million in debt at a lower interest rate as well as contracting with state-mandated bond counsel for legal purposes in handling bond investments.

The council voted unanimously to authorize the refunding and re-investment of a 2010 series of certificates of obligation (C.O.) following a presentation by financial advisors for the municipality, during the Dec. 3 regular council meeting. …

Find the rest of this story in the Tuesday, Dec. 10 issue of The Highlander, the newspaper of record for the Highland Lakes. To offer a comment or news tip, email connie@highlandernews.com. To subscribe to the newspaper, call 830-693-4367 or click here to subscribe to our e-Edition online.