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Commission approves $1.21 million UTC sales-tax requisition for bond payment
Summary
Monongalia County Commission approved requisition #111 to transfer $1,210,008.28 from the University Town Center Economic Opportunity Development District subaccount to cover bond payment to the bank named in the record; staff reported year-to-date collections are about 18.5% higher than last year.
The Monongalia County Commission approved requisition number 111 for the University Town Center Economic Opportunity Development District subaccount on Feb. 11 for $1,210,008.28, a transfer described in the meeting as payment on bonds to the bank named in the record.
County staff explained the requisition represents sales tax collected in the district that will be…
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