Dallas Mayor Tom Leppert told the City Council last week at their annual retreat that he anticipates bringing the bonds for a new city-owned hotel to market this month.

The sale will include $459.2 million of taxable Build America Bonds, $38 million of tax-exempt revenue bonds, and $8 million of taxable revenue bonds. In late June, the council authorized $514.1 million of tax-exempt revenue bonds as soon as market conditions enabled the city to obtain an interest rate of 5.5% or less.

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