refinancing bonds

By Tina Snell, Staff Writer   David Drown, Randall’s financial adviser, presented information to the Randall City Council Wednesday on refinancing the city’s outstanding debt obligations. It voted to combine the bonds at a lower interest rate, thus saving the city money. The 2007B bond funded utility improvements on County Road 104 and to date, has […]

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By Tina Snell, Staff Writer The members of the Randall City Council passed two resolutions which will refinance several bonds, thus saving the city $56,240 over approximately 10 years. Resolution 2012-5 concerns the Revenue Crossover Refunding bonds of 1998. Bonds were originally purchased to install the city’s gas lines and electrical system in 1995. They were […]

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