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Trumbull County considers rolling over notes totaling several million for water and sanitary projects
Summary
Commissioners reviewed resolutions to adopt note issuances to roll or pay down existing debt for sanitary and water projects: $1,250,000 for sanitary projects, $800,000 for water projects and a $6,500,000 package with mixed pay-down and roll-forward components; details on final approval and amounts remain in staff documentation.
Trumbull County commissioners on Feb. 19 heard staff explain three proposed resolutions to adopt short-term note issuances tied to infrastructure work.
Speaker 5 described the first resolution as a $1,250,000 note to cover sanitary projects, a second for $800,000 for water projects and a third $6,500,000 note that will be partly paid down and partly rolled forward.…
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