Hamilton County Commissioners today voted to allow county staff to seek a $90 million credit line to pay for various projects.
The measure would allow the county to use the credit line like a credit card, instead of using long-term debt through its commercial paper program.
A notice of the bid on the credit line will be advertised, and staff will return in 20 days for approval from the commission.
Louie Brogdon began reporting with the Chattanooga Times Free Press in February 2013. Before he came to the Scenic City, Louie lived on St. Simons Island, Ga. and covered crime, courts, environment and government at the Brunswick News, a 17,000-circulation daily on the Georgia coast. While there, he was awarded for investigative reporting on police discipline and other law enforcement issues by the Georgia Press Association. For the Times Free Press, Louie covers Hamilton County ...