Court launches certificates sale for capital work

   The first official step toward issuing up to $5 million in certificates of obligation to fund capital improvements to county buildings was taken by the commissioners court Monday, July 6. 
   The court authorized notices of intent to issue the certificates to be published and for the preliminary official statement and notice of sale to be prepared at Monday’s meeting. 
   The county hired U.S. Capital Advisors as its financial advisor and Bracewell & Giuliani as bond counsel to handle the sale of certificates. 
   “We are hoping to issue about $3 million in certificates of obligation, but are waiting to determine the final amount after we complete the list of improvements,” County Auditor Cathy Ezell said after the meeting Monday. 
   That proposed list of improvements should be ready in about two weeks, she noted. 
   Roof repairs on county buildings is one of major upgrades planned and work will begin on the projects once the county receives the funds from the certificates sale in September, Ezell said. 
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