Fulton County Council declares intent to issue up to $4 million in general-obligation bonds - citizenportal.ai
Title: Fulton County Council declares intent to issue up to $4 million in general-obligation bonds
URL Source: https://citizenportal.ai/articles/7871683/indiana/fulton-county/fulton-county-council-declares-intent-to-issue-up-to-4-million-in-general-obligation-bonds
Published Time: 2026-04-21
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# Fulton County Council declares intent to issue up to $4 million in general-obligation bonds
Apr 21, 2026
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The council approved a resolution declaring intent to issue up to $4,000,000 in general-obligation debt to reimburse costs for county equipment, vehicles and building improvements; an illustrative plan targets roughly $3.475 million in borrowing with a five-year repayment at about 3.5% interest.
## The full story
The Fulton County Council voted unanimously April 21 to declare its official intent to issue general-obligation debt not to exceed $4 million to reimburse costs for county equipment, vehicles and improvements to county-owned buildings. The resolution, read aloud by the chair, directs staff to proceed with documentation and a future public hearing on the bond ordinance.
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