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Washington County executive committee approves $10 million promissory notes sale

2786695 · March 12, 2025
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Summary

The Washington County Executive Committee unanimously approved a resolution awarding the sale of $10,000,000 in general operation promissory notes after a brief meeting; motion by Supervisor Chodron, seconded by Supervisor Kelly.

The Washington County Executive Committee voted unanimously to approve a resolution awarding the sale of $10,000,000 in general operation promissory notes. The chair called the meeting to order at 5:31 p.m.

The resolution authorized the sale of $10,000,000 in general operation promissory notes; the transcript does not specify the purchaser, interest rate, repayment schedule or intended detailed use of proceeds. The meeting record shows the item was on the agenda and that the meeting had been posted by the clerk's office.

Supervisor Chodron moved to approve the resolution, and Supervisor Kelly seconded. The transcript records no substantive discussion or questions on the motion: "Motion by supervisor Chodron, second by supervisor Kelly. Do we have any questions or discussion? There being none, we'll vote." The chair then conducted a voice vote: "All in favor, say aye." Attendees responded "Aye." The chair concluded, "Any opposed? Motion passes unanimously."

The chair announced a follow-up schedule before adjourning: "Our next meeting date is a week from tonight, 03/19/2025, and this meeting's adjourned." The committee adjourned shortly thereafter.

No additional documents, fiscal details, or amendments were recorded in the meeting transcript provided.