Council Backs $93M Revenue Bonds for HWS Project
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Description
The Geneva City Council authorized The City of Geneva Development Corporation to issue up to $93 million in tax-exempt revenue bonds for Hobart and William Smith Colleges’ 2026 project, including a new research facility and refunding of prior debt. The bonds are non-recourse to the City and will be secured solely by college revenues.
Contract Details
Contract Amount
$93,000,000
Vendor
CITY OF GENEVA DEVELOPMENT CORPORATION
Agency
Geneva Housing Authority, NY
Contract Type
FINANCIAL_SERVICES
Document Date
February 4, 2026
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