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Chester County adopts parameters ordinance to refinance and fund capital projects, citing $3.6M in potential savings
Summary
The Board of Commissioners approved Ordinance 2025-04, a parameters ordinance authorizing planning for up to about $157 million in general obligation bonds to refund callable 2016 debt and provide new capital funds; county advisers projected roughly $3.6 million in savings if market conditions hold.
A county financial adviser presented details of Ordinance 2025-04 on Wednesday and the Chester County Board of Commissioners approved the parameters ordinance by voice vote.
The ordinance authorizes county staff to plan and execute bond financings to refinance callable 2016 debt and to raise capital for ongoing county projects, including parks, open space and community…
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