Hamilton County commissioners take up debt refinancing

Hamilton County Commissioner Larry Henry

Hamilton County Commissioners will consider whether to refinance up to $69.9 million in debt.

The measure, which Chairman Larry Henry said will allow the county to take advantage of low interest rates, would also require retirement of up to $41 million in commercial paper.

Henry said the county seeks to take advantage of its good bond rating. “Get it while it’s good,” he said.

The resolution would cap the interest rate at a maximum of 6 percent.

Read more in tomorrow’s Times Free Press.

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