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Board approves $10 million general‑obligation promissory note sale at 3.34% TIC
2786694 · March 27, 2025
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Summary
The board voted to issue $10,000,000 in general‑obligation promissory notes; county financial staff and PMA Securities reported a competitive sale with a true interest cost of about 3.34% and a roughly three‑week close date.
The Washington County Board of Supervisors unanimously approved Resolution 71 to issue $10,000,000 in general‑obligation promissory notes following a competitive sale that produced a true interest cost of about 3.34%.
County staff briefed the board on the sale and turned the presentation to Charlie of PMA Securities, who said the…
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