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Franklin County gives first reading to ordinance to issue up to $1.8M in bonds for Grand Theatre renovation
Summary
Franklin County Fiscal Court gave first reading to an ordinance to apply an additional 2% transient room tax to dedicated tax revenue bonds and to authorize sale of up to $1.8 million in bonds to finance renovation and partial refunding for the Grand Theatre (Save The Grand Theatre Project).
Frankfort — The Franklin County Fiscal Court on Sept. 24 gave first reading to an ordinance that would apply an additional 2% transient room tax to dedicated tax revenue and revenue refunding bonds and authorize the sale of up to $1,800,000 in Series 2025 bonds to finance renovation and partial refunding related to the Grand Theatre, described in county documents as the Save The Grand Theatre Project.
The firs…
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