Posted July 10, 2014 05:17 pm

On the topic of city issued bonds, a couple of questions if I might...

With the city of Conway apparently in the process of authorizing more bonds for sale to finance a variety of projects, has anyone around here actually purchased any of these bonds?  If so, can someone share the terms of these bonds?  For all the coverage of this story, I don't know if the sale terms have been disclosed.   

I'm curious about these bonds from the perspective of their attractiveness and effectivness - has the city of Conway had any trouble selling their bonds in the past?  Are the bonds usually sold out fairly quickly?  I understand the issuing of bonds allows a municipality quicker access to tax generated funds but in the case of the city of Conway, have bonds served the intended purpose(s)?