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Habersham County approves PNC financing for new animal-control facility
Summary
The Habersham County Commission accepted a PNC Bank proposal to finance construction of a new county animal-control facility using an ACCG installment sale; commissioners approved related closing documents. The county intends to repay the loan with SPLOST (sales tax) receipts.
Habersham County commissioners voted unanimously on March 17 to accept a 3.64% financing proposal from PNC Bank to fund construction of a new county animal-control facility and authorized the county chairman to sign the closing documents.
The vote follows a public hearing on the project’s financing and a presentation from Davenport financial advisors and county bond counsel. Christopher Holt of Davenport told commissioners the county received seven proposals and PNC’s 3.64% bid was the lowest; Davenport…
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