PROJECTCONTRACT AWARD

Timnath Landing bond issuance

Town of Timnath
Detected
Oct 27, 2026
6 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 6 days agoOct 27

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From the meeting

At its October 27, 2026 meeting, the Timnath Landing General Improvement District finally adopted Ordinance No. GID-01, Series 2026, authorizing the issuance and sale of limited tax general obligation bonds and subordinate limited tax general obligation bonds. The ordinance set maximum principal amounts of $10,000,000 for the 2026A Bonds and $4,500,000 for the 2026B Bonds.

It also approved the Bond Purchase Agreement, Indentures, and Continuing Disclosure Agreement, and named Wells Fargo Securities, LLC as the Underwriter. The board said the bond proceeds would finance part of the project and reimburse CAC Timnath, LLC and the Town under existing reimbursement agreements.

Meeting date
October 27, 2026
Agency
Town of Timnath

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