Later in the same March 17 meeting, commissioners voted 3-0 to approve Resolution #2025-03-002 authorizing the Chairman to execute all documents related to the financing, and separately voted 3-0 to award the bid for the financing of the acquisition, construction and installation of the new animal control facility through the Series 2025 tax-exempt installment sale agreement to PNC Bank.
Habersham County commissioners approve $6.85 million bond-type financing for new animal control facility
The Board of Commissioners voted to borrow up to $6.85 million through an installment sale agreement with PNC Bank to pay for a new animal control facility.
March 17, 2025: Awarding bid for financing of new Animal Control Facility through tax-exempt installment sale agreement (Series 2025) to PNC Bank
At a glance
What this means now
The story
In December 2024, the Habersham County Board of Commissioners approved an intent resolution authorizing county staff, the county's financial advisor and legal counsel to proceed with installment sale financing of up to $6,850,000 for the Animal Control Facility project.
At a February 2025 planning retreat, the board received a status update on the SPLOST-funded Animal Control Facility project from the county's Capital Projects Manager.
On March 17, 2025, the board held a public hearing on financing the facility through a tax-exempt installment sale agreement. The county's financial advisor recommended accepting a 3.64% bid from PNC Bank to finance the project, an interest rate the advisor said amounted to about $600,000 in savings compared to the initial estimate. No vote was taken on the item at that point in the meeting.
Later in the same March 17 meeting, commissioners voted 3-0 to approve Resolution #2025-03-002 authorizing the Chairman to execute all documents related to the financing, and separately voted 3-0 to award the bid for the financing of the acquisition, construction and installation of the new animal control facility through the Series 2025 tax-exempt installment sale agreement to PNC Bank.
What happened
How this issue got here
Open any step for its supporting record. A proposal remains labeled as proposed until later evidence establishes an outcome.
Appeared on agendaproposedAwarding bid for financing of new Animal Control Facility through tax-exempt installment sale agreement (Series 2025) to PNC Bank
Consider/Apptove Awarding Bid for the Financing of the Acquisition, Construction and Installation of a
New Animal Control Facility Through A Tax-Exempt Installment Sale Agreement (Series 2025) to PNC
Bank
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Awarding bid for financing of new Animal Control Facility through tax-exempt installment sale agreement (Series 2025) to PNC Bank
Consider/Apptove Awarding Bid for the Financing of the Acquisition, Construction and Installation of a New Animal Control Facility Through A Tax-Exempt Installment Sale Agreement (Series 2025) to PNC Bank
DiscusseddiscussedAnimal Control Facility SPLOST project status
Animal Control Facility Jerty Baggett, Capital Projects Manager
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Animal Control Facility SPLOST project status
Animal Control Facility Jerty Baggett, Capital Projects Manager
DiscusseddiscussedStatus update on SPLOST-funded Animal Control Facility project
c. Animal Control Facility Jerry Baggett, Capital Projects Manager
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Status update on SPLOST-funded Animal Control Facility project
c. Animal Control Facility Jerry Baggett, Capital Projects Manager
ApprovedconfirmedDecember 2024 Intent Resolution authorizing up to $6,850,000 Installment Sale Financing for the Animal Control Facility
the Board approved an Intent Resolution at theDecember Board Meeting authorizing County Staff, Davenport and Legal Counsel to proceed with anInstallment Sale Financing up to $6,850,000 to fund the Project.
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December 2024 Intent Resolution authorizing up to $6,850,000 Installment Sale Financing for the Animal Control Facility
the Board approved an Intent Resolution at theDecember Board Meeting authorizing County Staff, Davenport and Legal Counsel to proceed with anInstallment Sale Financing up to $6,850,000 to fund the Project.
Showing 21–24 of 24 recorded steps.
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These links also preserve bookmarks to earlier timeline steps.
- March 17, 2025: Board of Commissioners to approve sale results and Installment Sale Agreement documents at March 17 meeting
- March 17, 2025: Financing for new Animal Control Facility via Installment Sale Agreement, Series 2025 (RFP to banks, ACCG structure)
- March 17, 2025: Resolution #2025-03-002 authorizing financing of new Animal Control Facility through tax-exempt Installment Sale Agreement with PNC Bank
- March 17, 2025: Resolution #2025-03-002 authorizing Chairman to execute documents relating to Animal Control Facility financing (Series 2025 installment sale)
- March 17, 2025: Awarding bid for financing of a new Animal Control Facility through a tax-exempt installment sale agreement (Series 2025) to PNC Bank
- March 17, 2025: Financing of Animal Control Facility through Installment Sale Agreement
- March 17, 2025: Resolution #2025-03-002 authorizing Chairman to execute documents for Animal Control Facility financing
- March 17, 2025: Series 2025 Installment Sale Agreement financing for Animal Control Facility - RFP results and recommendation to accept PNC Bank proposal
- March 17, 2025: Installment Sale Agreement with Association County Commissioners of Georgia (assigned to PNC Bank) to finance the animal control facility property and construction
- March 17, 2025: Public hearing on financing the new Animal Control Facility through a tax-exempt installment sale agreement (Series 2025)
- March 17, 2025: County resolution and Installment Sale Agreement financing the Animal Control Facility
- March 17, 2025: Resolution #2025-03-002 authorizing Chairman to execute documents for animal control facility financing
- March 17, 2025: Awarding bid for financing of new Animal Control Facility to PNC Bank
- March 17, 2025: Award of Animal Control Facility Project financing RFP to PNC Bank (Series 2025 Installment Sale Agreement)
- March 17, 2025: Award of Animal Control Facility financing RFP to PNC Bank (tax-exempt installment sale, Series 2025)
- March 17, 2025: Resolution #2025-03-002 authorizing the Chairman to execute documents relating to financing of the new Animal Control Facility
- March 17, 2025: Financing of new Animal Control Facility via Tax-Exempt Installment Sale Agreement (Series 2025)
- March 17, 2025: Awarding bid for financing of acquisition, construction and installation of new Animal Control Facility via tax-exempt installment sale agreement (Series 2025) to PNC Bank
- March 17, 2025: Financing of new Animal Control Facility via tax-exempt installment sale agreement (Series 2025)
- March 17, 2025: Awarding bid for financing of the new Animal Control Facility through tax-exempt installment sale agreement (Series 2025) to PNC Bank
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