County approves resolution for $20 milion bond issue

Tuesday, September 24, 2013

BLOOMFIELD, Mo. - The Stoddard County Commission adopted a resolution approving the issuance of $20 million in bonds by the Industrial Development Authority (IDA) of Stoddard County at their regular meeting Monday. The resolution was the final step in meeting the requirement of Section 147(f) of the Internal Revenue Code of 1986, as amended. The Stoddard County IDA Board of Directors was to meet Tuesday night to give final approval. The City of Dexter has already adopted a resolution in support of the bonds.

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