Bad Links?
Other glitches?
Notify Webmaster

Fulton completes successful sale of $287-million water and sewerage renenue bonds

The Fulton County Department of Finance has successfully completed the sale of $287-million water and sewerage 30-year revenue bonds.

The AAA bonds have a 4.96 percent interest rate and will fund water and sewer capital improvement projects in the unincorporated portions of the County over the next several years.Ê

The Fulton County Board of Commissioners unanimously approved this sale during a special called meeting August 26.

“The January five percent water and sewer rate increase, which was the first since 1997, was seen very favorably by the market,” said Finance Director Patrick O’Connor. “I am pleased that we were so successful in this sale. We indeed received very favorable terms.

“Also, we anticipate no water and sewer rate hikes for at least the next four years.”