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City Completes $89M in Bond Sales

TACOMA, WA-The city sells $56 million of long-term obligation bonds and about $33 million of revenue bonds to refinance short-term commercial paper used for construction of the Greater Tacoma Convention Center and additions to the city's public parking supply.

By Brian K. Miller | Updated on August 15, 2004

TACOMA, WA-The city of Tacoma is close to completing a two-part $89-million bond sale that was used to take out all of the commercial paper used for the construction of the Greater Tacoma Convention Center and additions to the city’s public parking supply. The 25-year bonds were sold at rates in the 4% range.

(Bond sales are making news around many GlobeSt.com markets this morning. For a related story, click here.)

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