Can the City pay off the bonds early?

The bonds would be structured with a callable date in 7 to 10 years, allowing the City the option to pay off the bonds at that time. The most beneficial call date will be selected when bonds are issued.  

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1. Why is the City holding a bond election rather than paying for projects as we go?
2. What is the bond election’s impact on Rosenberg’s tax rate?
3. What are the property tax impacts if the bonds are approved?
4. What interest rate would the City have to pay? For how long?
5. Can the City pay off the bonds early?
6. How are funds repaid that are received through the issuance of General Obligation Bonds?
7. What is Rosenberg’s current level of debt, and what revenue sources are used to make those debt payments?
8. Would the issuance of bonds affect our credit rating?
9. Who do I contact for more information?