NEWS
Certificates of Obligation approved; Nelson St. bridge project moves forward
The City of Bowie moves forward with the Nelson Street drainage project with the approval of the second reading of intent to sell certificates of obligation totaling $2,750,000 during its Oct. 23 council meeting.
It was the last step in financing the project that also includes a new ambulance at a cost of $380,000, with the remaining going to the work for Nelson St.
During the process of the sale, Bowie received an A+ rating which helped the city solidify a better interest rate. Earlier in the week, City Manager Bert Cunningham reported he had a due diligence call with the bonding attorney and all went well.
To read more, pick up a copy of the weekend edition of The Bowie News.
The Nocona City Council approved a trio of Nocona Economic Development Corporation requests and considered infrastructure work questioned by a city council.
Councilors met on June 10. Two of the NEDC requests had already been presented with the timeclock for comment started. With that time limit over, the requests were finalized.
The Type A and B Boards will spend $19,225 at the Indian Oaks Golf Club for equipment, aerifying and top dressing the greens and batteries for rental carts. It also will expend $20,000 to the Nocona Chisholm Trail Rodeo Arena Committee to build new concrete bleachers, railings, fence and platform.
The third NEDC request is a new one related to a Type B board loan of $200,000 to Amy and Chris Nunneley for a new apartment and office construction project.
Read the full story in the Thursday Bowie News.
Due to the June 19 Juneteenth federal holiday the U.S. Post Office will be closed, which moves the Thursday Bowie News to a Friday delivery date
It will be available in the stores at its regular time.
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