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Commission schedules TEFRA hearing as finance authority plans tax-exempt bonds for Ohio Wesleyan solar project
Summary
County set an August 18 TEFRA hearing and approved notice for tax-exempt special obligation revenue bonds to support a 6 MW solar and 2 MW battery project on Ohio Wesleyan University's campus; county and the county finance authority were told the county assumes no liability for the bonds.
The Delaware County Board of Commissioners on July 31 set a public TEFRA hearing for Aug. 18 and approved notice for tax-exempt special obligation revenue bonds to benefit PRGOWU Energy LLC, a financing structure tied to a planned 6-megawatt solar and 2-megawatt battery system for Ohio Wesleyan University.
Erika Stuttler, county general counsel, said the resolution (25-577) sets the required public notice under the Internal Revenue Code for tax-exempt bond issuance by the…
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