Coon Rapids City Council Awards Sales Of $8.23 million In Bonds

The sale of $8.23 million in general obligation, tax-exempt bonds was awarded by the Coon Rapids City Council June 4.

Lowest of five bids received came from TD Securities, New York City with an interest rate of 3.66%. That’s under the 3.91% projected, said Nick Anhut, senior municipal advisor, Ehlers, Inc., the city’s financial consultant.

SOURCE: Hometown Source