Friday, April 19, 2024
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Tag Archives: bond issuance

Putnam Bond Moving Quickly While Interest Rates Are Low

The process is moving quickly after this week’s $98 million bond approval by the Putnam County Commission. Mayor Randy Porter said the process is getting an extra push because of the current low interest rates Porter said the county’s bond rating will go out to interested bidders, then typically large banks will compete to be the lowest bidder on the ... Read More »

Park View Building Could See New Purpose If New Putnam K-8 School Built

If Putnam County builds a new K-8 school, it will likely mean the closure of Park View Elementary school. However, Director of Schools Corby King said the school system would evaluate Park View and its potential for other uses to extend the life of the building. “I personally would like to see us think about utilizing that as a Pre-K ... Read More »

Fentress Accepts Low Bids On Ag Pavilion, Clarkrange Solid Waste Center

Fentress County Commissioners accepted the low bids on the new Agriculture Pavilion and the Clarkrange Solid Waste Center. The agriculture pavilion’s projected costs have risen, with the bid being awarded for $1.6 million. Finance Director Tyler Arms said the county will have to either do a bond issuance or capital outlay note to finance the pavilion. “Do I think in ... Read More »