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Commissioners split on bond premium allocation; amendment A passes 6‑1 after separate votes
Summary
The Forsyth County Board of Commissioners considered how to allocate $1.77 million in bond premium from the county’s 2025 general obligation bond sale. After debate, the board voted to split amendments: amendment A passed 6‑1 and amendment B passed unanimously, moving a larger-than-anticipated share to the school Ashley Reserve.
Forsyth County commissioners on Sept. 25 debated and then approved an amendment to the county capital projects ordinance to appropriate $1,767,624.60 in bond premium from the sale of general obligation bonds. The board ultimately separated the originally combined action into two votes; amendment A passed 6‑1 and amendment B passed unanimously.
Staff explained that $2,121,992.95 in bond premium was received, issuance costs…
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