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Camden County commissioners introduce bond-refinancing measures and approve 1–95 in block vote; Resolution 96 fails for lack of motion

Camden County Board of Commissioners · September 19, 2024
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Summary

The Camden County Board of Commissioners introduced two bond-refinancing resolutions permitting Camden County Improvement Authority borrowing and refunding, approved resolutions 1–95 by block vote with several item-specific abstentions recorded, and took no action on Resolution 96 after no motion was offered.

Director Cappelli called the Camden County Board of Commissioners to order and introduced two related resolutions authorizing the Camden County Improvement Authority to issue tax-exempt county-guaranteed loan revenue bonds (County Capital Program Series A 2024 and refunding Series B 2024) to finance capital equipment and infrastructure projects and to refund certain prior county-guaranteed bonds.

A motion to adopt the introduction of the first bond-refinancing resolution was made and seconded; the board approved the…

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