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Gallia County secures financing for jail facility project
Staff Report
Pictured from nearly a year ago are Gallia Commissioners in a meeting with prospective companies which were seeking to take on the new Gallia Jail’s construction management-at-risk responsibilities. The jail project has been ongoing with financing pieces recently secured. (OVP File Photo)
GALLIPOLIS Gallia County has passed a major milestone in the progression of the Gallia County Jail Facility Project with the issuance of the first series of tax-exempt bonds to be used toward project funding.
According to a news release from the Gallia County Commission to the
Tribune, on Nov. 17, Gallia County officially locked-in interest rates for $7.8 Million worth of tax-exempt bonds, and another $5-million of tax-exempt bonds on Dec. 2.