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Cowlitz County treasurer briefs commissioners on public facilities district bond refunding
Summary
Cowlitz County Treasurer Deborah Gardner told commissioners the Public Facilities District plans to refund bonds; the refunding would extend payments and rely on a state sales‑tax rebate that helps cover debt service. Staff said a resolution and amendment to an interlocal agreement will be on the Oct. 21 meeting for signature.
Deborah Gardner, Cowlitz County treasurer, briefed the Board of Commissioners on a planned refunding by the county’s Public Facilities District (PFD). She said the PFD borrowed money in 2003 to build the conference center, refunded part of that debt in 2012 and now plans another refunding that will extend payment…
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