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Chickasaw County accepts low‑bid loan proposal to finance B‑22 road work
Summary
The board voted to accept a Luana Savings Bank proposal and begin the issuance process for roughly $1.85 million in general obligation loan notes to fund a B‑22 secondary‑road project; the county will consider final authorization at a subsequent meeting.
Chickasaw County supervisors voted to accept a low bid and start the authorization process for a general obligation capital loan note to fund a secondary‑road project.
Garrett, a financial presenter working with the county’s bond team, told the board the county received seven proposals for the 2026 loan note and that Luana Savings Bank submitted the low bid with an average interest rate…
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