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Board appoints members to Newton County Public Facilities Authority and authorizes bond engagement steps
Summary
Newton County’s Board of Commissioners appointed themselves as the members of a newly active Newton County Public Facilities Authority, approved officer appointments and authorized engagement with bond counsel and financial advisers to prepare possible conduit financings for public projects.
The Newton County Board of Commissioners unanimously approved a set of actions creating and empowering the Newton County Public Facilities Authority as a financing vehicle for government facilities and related projects.
The board adopted a resolution appointing five members to the Public Facilities Authority and confirmed that the county commissioners themselves will serve as the five Authority members. The board then approved officer appointments for the Authority (chair, vice chair and secretary) and adopted an additional resolution authorizing preliminary engagement…
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