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County approves conversion of $5 million of bonds to tax-exempt, bank-qualified status
Lancaster County Board of Commissioners · December 3, 2025
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Summary
Lancaster County approved a resolution to convert $5,000,000 of previously issued taxable bonds to tax-exempt bank-qualified status and delegated execution authority to staff so the county can apply its bank-qualification for 2025.
Lancaster County commissioners on Dec. 2 approved a resolution to convert $5,000,000 of already-issued taxable revenue-refunding bonds to tax-exempt bank-qualified status, a move bond counsel described as largely administrative and designed to lower borrowing costs for the holder.
Colleen Duncan, a partner at Gilmore & Bell…
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