Stanly commissioners approve loan refinancing

Published 6:48 pm Tuesday, January 19, 2021

Getting your Trinity Audio player ready...

The Stanly County Board of Commissioner conducted a required public hearing at Tuesday night’s meeting at the Stanly County Commons regarding refinancing of some of the county’s outstanding loans.

County manager Andy Lucas made the presentation to the board in person saying the refinancing of the debt will save the county approximately $731,000 over the next 15 years of the term of the loan.

No one spoke at the hearing, and the board unanimously passed a resolution to approve the refinancing.

About Charles Curcio

Charles Curcio has served as the sports editor of the Stanly News & Press for more than 16 years and has written numerous news and feature storeis as well. He was awarded the NCHSAA Tim Stevens Media Representative of the Year and named CNHI Sports Editor of the Year in 2014. He has also won an award from Boone Newspapers, and has won four North Carolina Press Association awards.

email author More by Charles