Council refinances BFC bond

BLYTHEWOOD – Town Council voted during a special called meeting last week to refinance the 2010 $5M Blythewood Facilities Corporation (BFC) bonds for a savings of $51,000 the first year and $25,000 annually, thereafter, for a total savings of $470,000 over the life of the bonds. The Town’s payments on the bonds currently run about […]

Parker Poe suggests refinancing $5.5 M bond

BLYTHEWOOD – Attorney Ray Jones of Parker Poe, the Town’s bond consultant for the $5.5 million bond issued by the Blythewood Facilities Corporation in 2010, told Council Monday evening that it might want to take advantage of an opportunity to refinance that bond under advance refunding which, he said, is a financing technique that allows […]

What Did We Learn from County Bond Session?

Records Don’t Back County Claims PARKER POE REP DODGES MEDIA QUESTIONS WINNSBORO – A year and a half after $24 million worth of bonds were issued to finance an economic development plan for Fairfield County, County Council brought in Parker Poe bond consultant Ray Jones Monday night to explain for the first time to the […]