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South Charleston council hears bond-refunding ordinance, approves equipment lease resolution and moves to award golf-course signs
Summary
The council heard an ordinance reading to refund municipal lease-revenue bonds for Park Place and Jefferson Road (up to $45 million), approved a resolution authorizing an equipment lease-purchase agreement, and considered a sole-source award of 18 golf tee signs to RT Industries for $15,498 from FY2026 golf course funds.
City staff read ordinances describing refunding of South Charleston Municipal Building Commission lease revenue bonds for the Park Place and Jefferson Road developments and said the aggregate principal amount would not exceed $45,000,000. The reading described authorization for lease-purchase contracts, issuance of bonds in multiple series, and execution of related financing documents; the council discussed procedural steps and called for a roll call vote (the transcript…
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