Money In Place For Courthouse Renovation - KTRE.com | Lufkin and Nacogdoches, Texas

12/13/04 - Nacogdoches

Money In Place For Courthouse Renovation

by Donna McCollum

The market was good to Nacogdoches County. The county sold 6.7 million dollars in bonds at a great rate. The money is earmarked for courthouse renovations.

County commissioners will pay back the bond amount at the good rate of 4.9%. Low interest rates, more bond investors, and the county's improved bond rating are all contributing factors to the good business deal. There were 11 bidders.

In January, construction on building new parking lots and renovation of the courthouse annex and old creamery building will begin.

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