Boulder considers negotiated bonds for open space

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News,Business

BOULDER, Colo. (AP) — Boulder officials are asking the city council to use a negotiated bond sale rather than a competitive bond sale the next time the city sells open space bonds.

According to the Boulder Daily Camera (http://tinyurl.com/pvu44ak), a negotiated bond sale would allow the city to line up environmentally conscious investors in advance of the sale.

Boulder voters approved a charter amendment in November that allows for such sales. That charter amendment passed with 75 percent of the vote.

Previously, the city charter required competitive bond sales that did not allow such restrictions.

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Information from: Daily Camera, http://www.dailycamera.com/

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