Monday, January 25, 2010

Baldwin County Commission refinances bond issues, saving $712,000 | Breaking News from the Press-Register - al.com

Baldwin County Commission refinances bond issues, saving $712,000 | Breaking News from the Press-Register - al.com: "BAY MINETTE, Ala. -- Refinancing three older bond issues used to pay for buildings, roads and bridges will save Baldwin County $712,000, according to officials.

County Treasurer Kyle Baggett said the new warrant that totals nearly $21.5 million will pay off general obligation warrants from 1999, 2002 and 2003 in favor of a new bond issue at a lower interest rate with Frazier Lanier Co."