Arlington hasn’t found right deal to refinance Cowboys stadium bonds (Fort Worth Star-Telegram)
Posted on September 4, 2008
Filed Under Refinancing |
By SUSAN SCHROCK ARLINGTON — The city has been unable to refinance $164 million in Dallas Cowboys stadium bonds at a favorable fixed interest rate, Arlington officials told the City Council on Tuesday. The staff presented other viable refinancing options that could cost the city an additional $6 million to $9 million in fees and interest. The city’s current bonds have a variable interest rate, …