Meridian Star

Local News

June 16, 2013

County contemplates more debt

(Continued)

MERIDIAN —

Lauderdale County bond issues

    • 1999 - $2.7 million for recreation projects; $490,000 left on debt.

    • 2004 - $3.8 million for roads, highways and bridges; $1.4 million left on debt.

    • 2007 - $2.4 million for roads and bridges; $1 million left on debt.

    • 2009 - $1 million for roads and bridges; $745,000 left on debt.

    • 2010 - $2.1 million for taxable industrial development bonds $1.7 million left on debt.

    • 2010 - $2 million for jail construction bond; $2 million left on debt.

    • 2011 - $2.3 million for MSU/Riley Center; $2.2 million left on debt.

    • 2012 - $10 million for roads, highways, bridges and related land acquisition; $10 million left on debt.

    • 2013 - $15.8 million in refinanced bonds from 2006 for industrial development. Bonds for Tower Automotive - originally $10 million; and Loblolly - originally $10 million; $15.8 million left on debt.

    • 2013 - $9.3 million in refinanced bonds from 2008 bonds for roads, highways, bridges and related land acquisition.$6.1 million left on debt.

Editor's note: Numbers are rounded off and do not reflect exact numbers.

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