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Onslow County approves refunding resolution to buy property for sheriff's operations on New Bern Highway
Summary
The Onslow County Board of Commissioners approved a refunding resolution to finance the county's planned purchase of property for the Sheriff’s Office on New Bern Highway; the purchase price was stated as $4.5 million, grossed to $6 million to cover renovations, and the debt sale will be bundled with other projects and scheduled for July.
The Onslow County Board of Commissioners voted to approve a refunding resolution to finance the county's planned purchase of property intended for the Sheriff’s Office on New Bern Highway.
County staff presented the refunding application at the April 7 meeting, describing a purchase price of $4,500,000 that was “grossed up” to $6,000,000 to allow for renovations needed to convert the property for the sheriff’s use. The presenter said the financing would be bundled into a debt service…
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