{"id":501,"date":"2012-09-11T16:00:58","date_gmt":"2012-09-11T20:00:58","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/2012\/09\/county-to-renegotiate-bonds-for-the-county-palace-lcc-2012-09-10.html"},"modified":"2012-09-11T16:00:58","modified_gmt":"2012-09-11T20:00:58","slug":"county-to-renegotiate-bonds-for-the-county-palace-lcc-2012-09-10","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2012\/09\/county-to-renegotiate-bonds-for-the-county-palace-lcc-2012-09-10.html","title":{"rendered":"County to renegotiate bonds for the county palace @ LCC 2012-09-10"},"content":{"rendered":"<p>\n<a href=\"http:\/\/www.youtube.com\/watch?v=OCif8wec2uU\"><br \/>\n<img decoding=\"async\" style=\"float:right;border:none;\"    class=\"at-xid-6a0120a58214e4970b017c31cbe697970b\" src=\"\/blog\/images\/6a0120a58214e4970b017c31cbe697970b-pi.jpg\" \/><\/a><br \/>\nIn<br \/>\n<a href=\"\/blog\/2012\/09\/video-playlist-lcc-2012-09-10.html\"><br \/>\nyesterday morning&#39;s Work Session,<\/a><br \/>\nCounty Finance Director Stephanie Black<br \/>\nproposed a letter of understanding<br \/>\nfor Morgan-Keegan to act as underwriter for<br \/>\napproximately $17 million<br \/>\nto refund the original bonds done for this building as well<br \/>\nas the water-sewer bonds only if the terms are favorable and<br \/>\nthe net value savings are at least 3%.<br \/>\nCurrent projections show a savings of<br \/>\n$1.2 million or a little over 7% at this time.<br \/>\nChairman Ashley Paulk remarked that:\n<\/p>\n<blockquote><p>\nThe bond market has changed drastically.\n<\/p><\/blockquote>\n<p>\nAt least the county palace that former Chairman Rod Casey got<br \/>\na former commission to approve at his last Commission meeting<br \/>\nnow won&#39;t cost we the taxpayers quite as much as we thought.<br \/>\nThey vote on this tonight.\n<\/p>\n<p>\nHere&#39;s<br \/>\n<a href=\"http:\/\/www.youtube.com\/watch?v=OCif8wec2uU\"><br \/>\nthe video:<\/a>\n<\/p>\n<p style=\"text-align: center;\">\n<iframe loading=\"lazy\" allowfullscreen=\"allowfullscreen\" frameborder=\"0\" height=\"315\" src=\"http:\/\/www.youtube.com\/embed\/OCif8wec2uU\" width=\"560\"><\/iframe>\n<\/p>\n<p style=\"text-align: center;\">\n<small><br \/>\nCounty to renegotiate bonds for the county palace<br \/>\n<br \/>\nWork Session, Lowndes County Commission (LCC),<br \/>\n<br \/>\nVideo by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE), Valdosta, Lowndes County, Georgia, 10 September 2012.<br \/>\n<\/small>\n<\/p>\n<p>\n-jsq<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In yesterday morning&#39;s Work Session, County Finance Director Stephanie Black proposed a letter of understanding for Morgan-Keegan to act as underwriter for approximately $17 million to refund the original bonds done for this building as well as the water-sewer bonds only if the terms are favorable and the net value savings are at least 3%. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,2,88,21,3],"tags":[1682,8704,8701,8699,10,8702,91,12,7,8734,8711,8700,6,90],"class_list":["post-501","post","type-post","status-publish","format-standard","hentry","category-economy","category-government","category-lowndes-county-commission","category-planning","category-transparency","tag-10-september-2012","tag-economy","tag-georgia","tag-government","tag-gretchen-quarterman","tag-lake","tag-lcc","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-lowndes-county-commission","tag-planning","tag-transparency","tag-valdosta","tag-work-session"],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=501"}],"version-history":[{"count":0,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/501\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=501"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}