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Commissioners approve tax-exempt financing request for Camp For All expansion
Summary
Washington County commissioners voted to approve required local actions for tax-exempt financing tied to a $30 million bridge loan for Camp For All's second campus; the county will authorize the judge to sign related documents under federal Section 147(f) procedures.
Washington County commissioners on May 27 approved local actions required to support tax-exempt financing for Camp For All Foundation’s new campus and authorized the county judge to sign the necessary documents.
The action clears a procedural step commonly required for nonprofit bond or loan financing under federal rules; Camp For All told the court it is pursuing a $30 million bridge loan to support construction of a second campus and said the full campaign goal is…
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