Frisco set to open marina bond sales on Feb. 6
Summit Daily staff report
The town of Frisco is set to begin selling it’s marina enterprise revenue bonds in early February, a project the town hopes will help raise up to $6 million to fund capital projects at the Frisco Bay Marina.
Earlier this month the town passed an ordinance authorizing the issuance of up to $6 million in bonds for improvements in the Frisco Bay Marina Master Plan — including the “Big Dig” and a new office building on site.
The town will begin selling bonds on Feb. 6 in minimum denominations of $25,000. Marketing for the bonds has already begun, with informational packets going out to potential investors. Bond sales will last through Feb. 26.
For a preliminary official statement on the new bond issue, contact Laura Podrasky with George K. Baum & Company at 800-722-1670 or 303-391-5550.
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