Hamilton County Commissioners approve $90 million credit line

Hamilton County Commissioners approve $90 million credit line

July 17th, 2013 by Louie Brogdon in Local - Breaking News

Hamilton County Commissioners today voted to allow county staff to seek a $90 million credit line to pay for various projects.

The measure would allow the county to use the credit line like a credit card, instead of using long-term debt through its commercial paper program.

A notice of the bid on the credit line will be advertised, and staff will return in 20 days for approval from the commission.