Commission approves resolution enabling $45 million bond for Walton County water projects
The commission approved a resolution authorizing execution of documents related to a $45 million bond issued by the Walton County Water and Sewerage Authority; the county's strong credit ratings helped secure investor demand and a roughly 4.524% final yield.
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The commission unanimously approved a resolution authorizing county participation in documents to carry out a bond transaction by the Walton County Water and Sewerage Authority. County legal staff presented the resolution and said approval would allow the county to enter contractual arrangements necessary for the bond closing.
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