Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Ottawa County approves EDC project plan enabling up to $10 million in revenue bonds for Hope College
Summary
After a public hearing, the board approved a project plan allowing the Ottawa County Economic Development Corporation to issue up to $10 million in limited‑obligation revenue bonds to refinance Hope College debt and potentially fund campus projects; county counsel said the EDC bonds do not create county liability.
The Ottawa County Board of Commissioners on Dec. 25 approved a project plan that clears the way for the Ottawa County Economic Development Corporation to issue revenue bonds not to exceed $10 million for Hope College.
Craig Hammond of the law firm Dickinson Wright, serving as bond counsel to the EDC, described the financing as a limited obligation of the EDC that will be privately placed with PNC Bank and repaid…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
