A whole new round of bonds and certificates of obligation are going to be sold by Bexar County in order to raise money to finance some new public initiatives including parks, road repair, parking improvements and of course overall public safety.
The bonds are rated AAA-credit, which means that they are secure and investors will be more likely to take the plunge and buy them. The fact that the county has garnered such a high rating is further proof that the area and Texas in general have weathered the financial storm much better than other places, whose status is not quite as pristine.
The bonds will go on sale on July 26th. For more information and a breakdown of what thpe of each investment will be offered, see the article at the San Antonio Business Journal.