County Council to pay off bonds this week

council-meeting

 

The Daviess County Council meets Tuesday and is scheduled to possibly take action to pay off over $2.2 million in bonds.

The Washington Times Herald   reports three economic development bonds invove the EG and G building at Westgate, Olon Industries and property acquisition at Westgate.  The payoff will save a half million in interest and free up money for other EDIT money to be used elsewhere.

The County Council meets at 8:30 Tuesday morning at the courthouse about the bonds.