June 24 11:13 AM
April 14 02:35 PM
Bond remarketing plan to save millions proposed
The first resolution authorizes the city to proceed with the remarketing of the remaining principal balance of approximately $39 million in bonds related to the Shreveport Convention Center Hotel project from 2008. The deadline to act is June 1. Missing that deadline would result in the annual interest rate on the hotel bonds increasing from 4.
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