County Postpones Bond Refinancing - The Missourian: News

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County Postpones Bond Refinancing

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Posted: Friday, June 8, 2012 4:00 pm

Franklin County commissioners will postpone making a decision on refinancing millions of dollars of bonds until a judge rules on a pending lawsuit.

In a conference call Thursday with Franklin County commissioners and other county officials, representatives with the public finance law firm of Gilmore and Bell and Edward Jones recommended the county wait until the suit is resolved before refinancing the leasehold bonds called certificates of participations(COPs).

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