Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Washington County board authorizes seeking up to $25 million via VRA lease financing
Summary
The Washington County board voted 6–0 to approve a resolution to seek lease financing through the Virginia Resources Authority, with staff citing sample terms for roughly $23 million at a 3.78% all-in rate and an initial interest-only period.
The Washington County Board of Supervisors voted unanimously to approve a resolution to pursue lease financing through the Virginia Resources Authority (VRA) for capital projects, authorizing county staff to seek terms and sign necessary documents.
County staff presented a financing outline showing the maximum authorization on the resolution of…
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
