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Section A: General News


Floresville council approves bond refinancing plan


Floresville council approves bond refinancing plan
Financial advisor Duncan Morrow of Frost Bank


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Wilson County News
June 10, 2015
4,362 views
10 comments

Floresville City Council members made important financial decisions at their June 3 workshop. . . .

Full article available to Wilson County News subscribers only. Click here to subscribe. You’ve reached your free access limit for this week. The full article is available to Wilson County News subscribers only (if you receive the paper in the mail or if you have purchased an E-subscription). Minimum subscription length is one year. If you are already a subscriber, simply sign in using the Login form in the upper right of this page.






 

Your Opinions and Comments

 
Senior Citizen  
Wilson County  
June 14, 2015 10:45am
 
Can we do an individual buyout? I would pay my share of $2400 now and be done with it because in a couple of years, we will owe twice that amount.

 
Untrue Resident  
Floresville  
June 13, 2015 11:13pm
 
Notice how Frost bank did not tell you what the principal balance is. If you use a 3% interest rate and a monthly payment of $44125/month ($529,497 divided by12), the financial calculator will tell you the original principal... More ›

 
Mr. Tibbs  
Floresville  
June 13, 2015 10:07am
 
the continued legacy/debt of Mr. Daniel Tejada.His daughter is graduating law school, I see he plans ahead.

 
LaLa Land  
Floresville, TX  
June 13, 2015 9:14am
 
There was no choice on this. Thanks to the 2010 refinancing, if we didn't refinance now the payments would be 1.3 million annually, more than three times the original loan. Now that we have the 7.5 million USDA loan for the... More ›

 
Webmaster  
Floresville  
June 12, 2015 12:03pm
 
Videos posted

 
Untrue Resident  
Floresville  
June 11, 2015 9:25pm
 
Here is an oldie but goodie: WCN article dated Oct. 20, 2010, “Floresville to spend nearly $5.8M to refinance $4.97M,” which quote “But because sales-tax revenue for the 4A corporation has fallen short of earlier expectations,... More ›

 
Untrue Resident  
Floresville  
June 10, 2015 4:34pm
 
I have been saying and even displaying on WCN for the last 4 years, the costs were outrageous and the city could not pay for it. The information is public knowledge and available on line. But Danny and the crew, just keep saying... More ›

 
Sam Eagle  
Muppet Land  
June 10, 2015 1:38pm
 
Anonymous, do you notice that the same piggies line up at the trough each time this issue comes up? Obviously, they see Floresville as an easy mark.

 
newguyntown  
floresville  
June 10, 2015 12:55pm
 
interns work free,,that's why they are interns. or are we trying to hire some more family ?

 
Anonymous Resident  
Floresville  
June 10, 2015 8:57am
 
If the balance on the original refinancing of the Event Center 2010 bond issue is $5.77 Million why did the Council approve a principal amount of $7 Million? What are we financing an additional $1.23 Million for? Or is this the... More ›

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Section A: General News Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Community called to show off Floresville (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Council reviews city debt obligations (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (December 7, 2016)
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Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Vision from the left blames ‘society’ for poor youth (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Educator dies in rollover (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville chamber set to meet Dec. 13 (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville sets early voting dates (December 7, 2016)
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Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: China Grove City Council (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: St. Hedwig City Council (December 7, 2016)
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Full article available to Wilson County News subscribers only. Click here to subscribe. Register for upcoming Food Handlers course (December 7, 2016)
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Full article available to Wilson County News subscribers only. Click here to subscribe. Walmart to host blood drive Dec. 19 (December 7, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. ‘A date which will live in infamy’ Memories of Pearl Harbor Day, World War II (December 7, 2016)