Board approves $2.5M term note after monument bid jumps to $631,000
The Board authorized a $2.5 million tax‑exempt term note from Gulf Coast Business Bank, subject to edits and final documents, after staff told supervisors the four‑monument bid rose from $250,000 to $631,000; the Board agreed to proceed with permitting and consider postponing monuments.
The full story
Board members approved a Gulf Coast Business Bank tax‑exempt term note financing $2,500,000, subject to amending the acceleration clause in the Note, finalizing documents and authorizing the chair to execute.
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