Local News
JDA approves sale of bonds
The Dalton-Whitfield County Joint Development Authority approved the sale of approximately $3.6 million in bonds on Tuesday.
Board chairman Chuck Dobbins said the bonds will reimburse Whitfield County for its investment in the commerce park just off the South Bypass that will be the site of floormaker IVC as well as for money the county has pledged to Dalton Utilities to extend sewer to the I-75 interchange at Tunnel Hill.
The JDA sold the 10-year bonds to Bank of America, which was the low bidder, at 3.63 percent interest.
Whitfield County will pay the principal and interest on the bonds.
County administrator Bob McLeod said the bonds will allow the county to preserve its fund balance and use that money for future projects.
“The Board of Commissioners will be discussing some of those projects in meetings in coming weeks,” he said.
Commissioners must approve an intergovernmental agreement with the JDA for the bonds, and they are scheduled to vote on that at their next meeting.
- Local News
-
-
Public gets ‘sneak peek’ at Crown Gardens and Archives work
Sam Brown, left, a member of the Crown Gardens restoration team, talks with Hal Millsap of Dalton, who was born in the Crown Mill Village, Saturday about the restoration, which includes a bust of Brig. Gen. Joseph E. Johnston. Matt Hamilton/The Daily Citizen
When Karen Smith was born her parents brought her home to 410 Chattanooga Ave., just down the street from Crown Garden and Archives, the primary repository of Dalton’s history where much-needed restorative efforts are under way. Her husband, Michael, grew up a little further south, near the intersection with Selvidge Street.
Continued ... - Whitfield candidates stress personal communication as key to runoff chances
- Early voting in Dalton under way; Chatsworth on Monday
- Murray school board candidates prepping for runoff
- Whitifield, Murray candidates respond to questions
-
