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. …
