The Bryan city council gets positive reviews of the city’s finances during its December meeting.
The comments were associated with the council’s decision to move ahead with selling $40 million dollars in bonds to cover the costs of previously approved infrastructure projects.
The city’s outside bond attorney, Steven Adams, expects seven or eight offers will be submitted later in January.
Adams also said while interest rates have risen since the pandemic, the city also benefits by a strong financial rating.
Adams agreed with mayor Bobby Gutierrez’s statement that the city of Bryan has “done a good job at taking care of the money here and people are looking for bonds from Bryan”. Adams added that’s been going on “for decades…so it’s been going back for a long time.”
Click below to hear comments from the December 10, 2024 Bryan city council meeting.
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