Lowndes Co. proposes bond authority - WALB.com, South Georgia News, Weather, Sports

Lowndes Co. proposes bond authority

January 30, 2004

Valdosta - A South Georgia county wants to develop its own Public Facilities Authority.

Lowndes County commissioners unanimously voted Friday to accept the proposal allowing the county to issue its own revenue bonds for public projects. They say this will offer an alternate and more cost effective way of financing. "We'll be able to issue these bonds not only for county projects, but to any school, municipality, or other agency who wants to build in Lowndes," said Commission Chairman Rod Casey.

The proposal will now be forwarded to the General Assembly for final approval.

posted at 2:10 by ashley.harper@walb.com

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