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Board authorizes publication of notice to issue up to $7.5M in bonds for county nursing facility improvements
Summary
Shiawassee County authorized publication of a notice of intent to issue limited tax general obligation bonds not to exceed $7.5 million to finance capital improvements to the Shiawassee County Medical Care Facility. The resolution retains bond counsel and outlines petition/refendum rights.
The Shiawassee County Board of Commissioners on April 9 approved Resolution No. 25-04-03 authorizing publication of a Notice of Intent to Issue Bonds to finance capital improvements at the Shiawassee County Medical Care Facility (MCF).
Commissioner Garber moved the resolution and Commissioner Holzhausen seconded; the motion carried on a recorded vote of 7-0. The resolution declares the county's intent to issue limited tax general obligation bonds in an aggregate…
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