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Treasurer says public facilities district will refund conference center bonds; resolution due at next meeting
Summary
Cowlitz County Treasurer Deborah Gardner told commissioners the county-issued bonds for the public facilities district will be refunded; a resolution and an amendment to the interlocal agreement are scheduled for signature on the 21st.
Cowlitz County Treasurer Deborah Gardner updated the Board of Commissioners that the county's public facilities district (PFD) plans to refund outstanding bonds tied to the conference center, and staff will present a resolution and an amendment to the interlocal agreement for signature at the board's meeting on the 21st.
“Right now, the amount that they're refunding is, 1,100,000. And to be honest, I don't have, the original amount of debt that was borrowed,” Gardner said.
Gardner told commissioners the PFD borrowed funds in 2003 to build the conference center, refunded that borrowing in 2012, and is now planning…
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