By MARTHA McCLAIN
Special to the PRESS
Hoping to take advantage of low interest rates while simultaneously improving certain public facilities in Laguna Vista, officials here will determine Tuesday the level of funding to invest in three proposed projects.
Specifically, the agenda item which would authorize the funding, calls for the board’s “consideration and possible action to determine the amount of certificates of obligation to issue and authorize the city manager and financial advisor to take any and all actions necessary to bring to the Town Council a final recommended financing with terms for consideration and action.”
Four areas within the Town are targeted:
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