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Board adopts resolution authorizing county debt sale; officials set parameters and thresholds for market timing
Summary
Supervisors approved a resolution authorizing county staff to proceed with planned bond transactions (refunding and new money) subject to market‑based parameters; staff said they will not proceed unless savings or debt‑service limits are met.
The Board of Supervisors adopted a resolution authorizing Pinal County officials to execute and deliver obligations including bond refundings and new‑money issuance, with explicit parameters and no‑go thresholds tied to market conditions.
Angie Woods, director of Budget and Finance, summarized the request as an authorization allowing county management to proceed…
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