Cobb approves $10 million bonds for new Six Flags district

The Cobb Board of Commissioners voted Tuesday to issue $10 million in South Cobb Redevelopment Authority revenue bonds for the new Six Flags Special Services Tax District.

Baird & Company was the lowest bidder.

The bonds will finance various redevelopment and infrastructure improvements within the 2,800-acre district which was created by the commissioners in November.

Property owners within the district will be assessed an additional 3.5 mills to pay for the annual debt service of the revenue bonds.

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