Tracy announced this yesterday after the petition hearing;

Unless the courts advise us that we cannot legally proceed, the intention is to sell bonds in October. No official date for selling the bonds has yet been set.

Funny, because according to Moody’s the sale will take place on Tuesday;

Rating Action: Moody’s Assigns Aa2 to Sioux Falls, SD’s Sales Tax Rev. Bonds, Ser. 2016A

Global Credit Research – 27 Sep 2016

New York, September 27, 2016 — Issue: Sales Tax Revenue Bonds, Series 2016A; Rating: Aa2; Rating Type: Underlying LT; Sale Amount: $19,970,000; Expected Sale Date: 10/04/2016; Rating Description: Special Tax: Sales

So which is it Tracy? More games from city hall.

One Thought on “City of Sioux Falls Finance Director seems a bit confused

  1. It says expected sale date. To me that means it has not been finalized.

Post Navigation