Central Arkansas Water Board sets special meeting to approve issuance and sale of Refunding Water Revenue Bonds
LITTLE ROCK — The Board of Commissioners of Central Arkansas Water (CAW) will hold a Special Meeting at 2 pm on Thursday, July 30, 2015, to consider approval of a resolution to accept the winning bid for the issuance and sale of Refunding Water Revenue Bonds, Series 2015.
The bond refunding will refinance the outstanding principal of bonds issued in 2010 by CAW. The refinancing is projected to save approximately 5% or $30,000 per year for the remaining life of the debt.
The meeting location will be the Third Floor Board Room of CAW’s James T. Harvey Administration Building at 221 East Capitol Avenue in Little Rock.