Fiscal Court approves bond sale for state agency

By LORRIE KINKADE

The Trimble Banner

Trimble County Fiscal Court this week approved a resolution for the sale of $200 million in bonds by the Kentucky Association of Counties Leasing Trust.

The sale, requested by the state agency, will enable local-government entities throughout the state to obtain low-cost loans for capital projects, water-line installlation, 911 system upgrades and other needs.

Trimble County retains no responsiblity in the repayment of these bonds, and cannot be held liable for projects funded by them.

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