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Sevier County approves up to $10 million in general obligation bonds for county court buildings
Summary
Sevier County commissioners voted Sept. 18 to authorize up to $10,000,000 in general obligation bonds to address debt tied to county court buildings; the resolution passed 24–0 with one member absent. Commissioners discussed whether the bonds would be fixed or variable-rate and confirmed the bond proceeds will be used to balance existing debt.
Sevier County commissioners voted Sept. 18 to authorize general obligation bonds in an aggregate principal amount not to exceed $10,000,000 to address debt related to county court facilities.
The resolution, identified in the meeting as Resolution 2023-09-04, passed by roll call vote 24 yes, 1 absent after brief discussion. Commissioner Jack Parton…
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