File #: 16-1156    Version: 1
Type: Consent Staff Report Status: Agenda Ready
File created: 12/14/2016 In control: Office of Management & Budget
On agenda: 12/20/2016 Final action: 12/20/2016
Title: Interest Rate Change on All County Financing (Petition Paving, Utility Assessment Projects, Utility Impact Fees, etc.)
Indexes: Interest Rate, Office of Management & Budget
Attachments: 1. Staff Report, 2. Interest Rate History

Title

Interest Rate Change on All County Financing (Petition Paving, Utility Assessment Projects, Utility Impact Fees, etc.)

Recommended Action

Staff recommends that the Board of County Commissioners approve the fixed interest rate of 5.00%.  Staff further recommends that this rate remain in effect for calendar year 2017 for all County financing with the exception of projects directly affiliated with a bond issue for which the bond covenants dictate a different interest rate.