Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commissioners approve county resolution to close Public Facilities Authority revenue bond sale for jail expansion
Summary
Bullock County commissioners unanimously approved a county resolution enabling closing on revenue bonds issued through the Public Facilities Authority to fund a jail expansion after financial advisers reported favorable sale results and credit ratings.
Bullock County commissioners unanimously approved a resolution authorizing execution of documents tied to a Public Facilities Authority revenue bond sale that will fund a portion of a planned jail expansion.
Davenport & Company financial adviser Christopher Holt told the board the bonds sold competitively earlier the same day and that Wells Fargo submitted the winning bid at the lowest true interest cost. Holt said Moody’s and S&P assigned the county double-A ratings for the transaction and that the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
