USDA Bond Novated To New Rural Fire District
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Description
Jasper County will work with USDA Rural Development to novate the existing Cherry Point fire protection general obligation bond into a new Series 2026 bond for the consolidated Jasper County Rural Fire Protection District. The reissued bond will keep the same repayment terms but shift the taxing area to the new countywide rural fire district.
Contract Details
Vendor
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT
Agency
Jasper County, SC
Contract Type
FINANCIAL_SERVICES
Document Date
April 4, 2026
Contract Term
Original bond maturing April 13, 2053
Renewal Date
2053-04-13
Renewal Info
Novation replaces the 2023 Cherry Point GO bond with a 2026 GO bond for the Jasper County Rural Fire Protection District, retaining the original maturity of April 13, 2053 and existing payment terms.
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