CHRISTIAN COUNTY GOVERNMENT IS MAKING THE BEST OF THE ONGOING ECONOMIC RECESSION ACROSS THE COUNTRY BY ATTEMPTING TO SAVE TAXPAYER FUNDS THROUGH THE RE-FINANCING OF LOANS.

            CHRISTIAN COUNTY ATTORNEY MIKE FOSTER EXPLAINED A BOND RE-FINANCING ORDINANCE TO FISCAL COURT THIS MORNING, WHICH WOULD REDUCE THE INTEREST RATE FROM 4.4 PERCENT TO JUST ABOVE 2 PERCERNT.

            FOSTER SAYS THE MOVE COULD SAVE THE COUNTY NEARLY A HALF MILLION DOLLARS OVER THE LIFESPAN OF THE BONDS WHICH WERE ORIGINALLY TAKEN OUT FOR THE JAIL AND ENERGY CONSERVATION PROJECTS.

            THE ORDINANCE PASSED UNANIMOUSLY ON FIRST READING.

            IN OTHER ACTION, FISCAL COURT AGREED TO BE THE PASS THROUGH AGENT AGAIN FOR A 21-THOUSAND DOLLAR GRANT FUNDING THE STUDY OF MINORITIES GOING THROUGH THE JUSTICE CENTER AS OPPOSED TO WHITE OFFENDERS.

            INCENTIVE PAY FOR MAGISTRATES JACK LACKEY AND DAVID COLLINS ALSO PASSED. FISCAL COURT’S NEXT MEETING WILL BE A SPECIALL CALLED ONE ON THURSDAY, OCTOBER 13^TH AT 8:30.

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