Oak Island Town Council Meeting Minutes April 2025
Bond Refinancing Application Approved for Wastewater Debt
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Description
Oak Island Council authorized a bond refinancing application to the Local Government Commission, aiming to refinance wastewater bonds and save approximately $150,000 annually through 2036.
Contract Details
Vendor
LOCAL GOVERNMENT COMMISSION
Agency
Town of Oak Island, NC
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2025
Contract Term
Through 2036
Renewal Date
2036-12-31
Renewal Info
Bonds are set for refinancing with final maturity in 2036. Subject to completion of Local Government Commission review and approval.
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