Commissioners focus on infrastructure projects
File photo
County commissioners on Wednesday approved the financing for five municipal road, stormwater and sewer projects that will require applicants to pay 2.72% interest on their loans from the county infrastructure bank.
From the six proposals the county received from banks, the commissioners agreed to accept a 10-year, $13.1 million loan from Farmers National Bank at a 4.22% fixed interest rate.
The five applicants will have to pay 2.72% interest on their loans from the county, officials said.
