Bryan City Council Approves Bond Refinancing That Saves $1.1 Million

Several factors play into the city of Bryan getting a lower interest rate on existing debt.

The city council at its last meeting unanimously agreed to bond refinancing that will save $1.1 million dollars over the next ten years.

Consultant Paul Jason says the city’s double-A bond rating reflects doing everything possible given the city’s economic base.

Jason says College Station’s bond rating, which is double-A-plus, is due to a tax base that’s almost twice the size of Bryan.

Click below for comments from Paul Jason to the Bryan city council:

 

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