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Supervisors pre‑authorize possible bond refunding, citing potential savings
Columbia County Board of Supervisors · November 26, 2024
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Summary
The board approved a resolution to permit Columbia County to refund outstanding bonds under section 9010 of the local finance law if market conditions become favorable; members asked about thresholds and staff discretion after hearing potential savings estimates.
Columbia County supervisors approved a resolution authorizing the county to pursue future refunding of outstanding bonds when market conditions are advantageous.
During consideration of Resolution 62, Speaker 3 asked for clarification of the plan. The speaker said that when rates previously dropped the…
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