NEWS
City of Bowie receive A+ rating for COs
By BARBARA GREEN
editor@bowienewsonline.com
Members of the Bowie City Council were updated on the pending financing for the Nelson Street project and the new ambulance, and let bids for a new sewer line funded through a state grant.
Kevin Learner of Government Capital Securities met with the council Monday night bringing what he said was “good news.” Capital Credit is handling the sale of $2,750,000 in certificates of obligation for the ambulance and Nelson Street repairs. Due to the Columbus Day holiday the sale had to be delayed, but it should be completed by the Oct. 23 council meeting.
Learner explained during the process of getting the COs rated and insured, they hired Standard & Poor’s to do the analysis that included nearly one hour of questions with Finance Director Pamela Woods, City Manager Bert Cunningham and Mayor Gaylynn Burris, plus Learner who noted Woods was very prepared.
The City of Bowie received an A+ rating, which is outstanding.
Read the full story in the weekend Bowie News.
The jury was seated on Monday and the opening day of testimony Tuesday only lasted four hours, before the panel went into deliberations about 2 p.m.
Two hours later the jury returned a guilty verdict on both charges. Wednesday morning the jury was set to begin discussion on Hall’s punishment at 8:30 a.m. with both sides offering evidence and testimony. Hall faces up to 10 years in prison.
The trial was moved to Denton County on a change of venue requested by Hall in March. After 16th District Judge Sherry Shipman read the verdict, it was reported Hall hung her head in disappointment and was later seen crying and emotional as she left the courtroom.
Members of the Bowie City Council will meet in regular session at 6 p.m. on May 13 in council chambers.
The meeting opens with a proclamation for Emergency Medical Services Week.
City Manager Bert Cunningham will report on recent rainfall problems, Smythe Street sidewalk project and the substation work.
There is only one item of new business an ordinance related to speed limits on specific streets. Public comments and approval of minutes wrap up the agenda.
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