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Wednesday, October 21, 2015

County Executive Bob Culver Announces Highly Successful Bond Sale

County Executive Bob Culver announced that on October 20, 2015 Wicomico County concluded a successful sale of $13,185,000 in new bonds at a true interest cost of 2.37% and refinancing of $6,530,000 of 2007 general obligation bonds at a true interest cost of 2.41%. The refinancing will save Wicomico County $363,201 in interest costs over the approximate 8 year remaining term of the issue. Settlement on the sale will occur on November 3,2015.

3 comments:

  1. Thanks for working to save the taxpayers money....

    It's what we elected you for!

    ReplyDelete
  2. Thanks once again Mr. Culver...

    ReplyDelete
  3. Way to go Bob, GREAT JOB and WELL DONE! This is what REAL LEADERS DO not give lip service, LEADERS GET THE JOB DONE RIGHT THE FIRST TIME, EVERY TIME!!!!!

    ReplyDelete

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