Facebook Twitter K1-TEXT Email Print

News

Dewey City Council

Posted: Aug 03, 2015 7:32 PMUpdated: Aug 03, 2015 7:32 PM

Dewey City Council Agrees to Legal Terms for Bond Sale

Share on RSS

 

Diane Coston

Dewey City Council members are learning the ins and outs of the legal issues that come with Combined Purpose General Obligation Bonds. Getting them voted on by residents and approved is just half way there. Council members heard an informational presentation from Rick Smith of B O K F, N A, on the procedures involved. What it comes down to is that it will take a little time for the funds to be available. City Manager Kevin Trease said the city will be ready when the money is available.

The time line is that the bids for the bonds will be presented on September 8th with an expected closing date of October 20th.


« Back to News