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Commissioners discuss creating a county financing authority and note a second battery-storage inquiry
Summary
A county underwriter recommended creating a financing authority to preserve lower interest rates for future capital projects; commissioners placed the concept on a future agenda and were alerted to a new proposed battery-storage site near a school.
During the Aug. 26 meeting, commissioners heard from a board member who relayed advice from the county’s jail financing underwriter: Hart County should authorize a financing authority now so it is available for future capital projects and to preserve favorable credit treatment.
Why it matters: The underwriter said authorizing a financing authority requires a county resolution and legislative approval and recommended acting by December to be positioned…
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