cbreaux@kentsmith.biz In a special meeting on Tuesday, Nov. 21, the Washington County Board of County Commissioners officially sealed the deal on taking an extra line of credit. Commissioners approved a resolution and loan documents for the credit line and had already agreed to the extra $6 million amount during a regular meeting Nov. 16. The…
cbreaux@kentsmith.biz The Washington County Board of County Commissioners approved an additional $6 million line of credit on Thursday, Nov. 16, bringing the new overall credit line to $12 million. The credit line from First Federal Bank of Florida is being extended for the county since the county used its original line. “There were two draws,”…
cbreaux@kentsmith.biz Washington County Attorney Matt Fuqua said he recently spoke with First Federal Bank of Florida about extending the county’s line of credit and making a portion “of that line, more than likely, a continuing bond obligation with an extended payment period.†Discussion of a potential credit line extension came up during a Washington County…
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