At its Oct. 10 study session, the Airway Heights City Council held the first reading of ordinance C-884, which authorizes the sale, issuance and delivery of the $13 million unlimited tax general obligation bonds. The bonds, which voters approved through a measure in the August election, will help fund the construction of the recreation center.
The city is working with Northwest Municipal Advisors for financial consulting services regarding the sale of the bonds. During a special presentation, principal lender Alan Dashen said his firm is planning on selling the bonds sometime in November.
“We’...
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