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Oktibbeha County sets intent to issue up to $16 million in general-obligation bonds
Summary
The Oktibbeha County Board of Supervisors voted unanimously to adopt a resolution of intent to issue general-obligation bonds capped at $16 million to fund roads, bridges and county facility projects; bond counsel was authorized and staff estimated a 60–90 day issuance timeline.
The Oktibbeha County Board of Supervisors on Friday adopted a resolution of intent to issue general-obligation bonds not to exceed $16 million to help pay for road, bridge and facility projects.
County bond counsel Troy Johnston of Butler Snow outlined the process, saying the board must publish a resolution of intent and that issuing the bonds typically takes 60 to 90 days. The board voted to engage bond counsel and a municipal advisor and set a $16 million cap…
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