View frequently asked questions (FAQ) for Addison, Texas.

General Questions

How do I purchase Addison, Texas bonds?

Step 1 - Learn about the bonds
Read the Preliminary Official Statement (POS) available from this web site or from the participating brokers to learn more about the bonds, including their security, maturity dates, credit ratings, the types of projects they finance and other information that you may find important to help you make an informed investment decision. This website is not an offer to sell any bonds.

Step 2 - Open a brokerage account
You must have an account with one of the brokerage firms participating in the bond sale, or with another firm that can place an order through a brokerage firm participating in the bond sale. Please check to determine if your broker can place an order through the participating brokers. Investors are encouraged to begin the new account process well in advance of the sale date. Depending on the brokerage firm, internal new account procedures may take some time to process. Not all bond sales are available to retail buyers in the primary market. 

Step 3 - Place your order
Contact the broker with whom you have an account, either online or by phone, to get more information about how to buy bonds. Discuss with the broker the number of bonds, the maturity date and the price at which you are willing to purchase the bonds, as well as any questions you may have from examining the Preliminary Official Statement (POS).

What projects has Addison committed to fund?

Addison currently has $17,250,000 in committed projects.

Arts Land/Parking: $3,000,000 – 2012 GO (August 2024)
Addison Grove: $3,250,000 – Future CO (August 2024)
Vitruvian Park: $4,500,000 – Future CO/2012 GO (August 2025)
Vitruvian Park: $6,500,000 – 2012 GO (August 2030)

Total "Committed" Projects: $17,250,000

CO – Certificates of Obligation
2012 GO – General Obligation bonds approved in the 2012 bond election, followed by anticipated sale date.