Carroll County Fiscal Court approved an ordinance to accept North American Stainless’ plan to refinance $36 million in bonds for the plant’s solid waste disposal projects.
Judge-Executive Harold “Shorty” Tomlinson reminded all those present at the Friday, Feb. 8 fiscal court meeting that the county is not liable for the debt that will be incurred by NAS.
According to the ordinance, NAS is refinancing debt from bonds that were issued in 2000 and 2006 with the new 2013 series bonds.
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