Thursday, June 11, 2009
Dallas city council expected to allow hotel bond sales following June 19 vote
Though the item is not yet on the agenda for June 19's special meeting, Dallas city council members are expecting a vote on allowing staff to begin selling bonds for the convention center hotel. Nobody is leaking a potential bond price for the sale, but Mayor Tom Leppert did say that the interest rate would likely be below 5.5 percent. The beginning of bond sales effectively means that construction on the hotel can begin.
Posted by Erin
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