Oneida County backs $30 million in bonds to restart Nexus pr

Oneida County backs $30 million in bonds to restart Nexus project


Oneida County backs $30 million in bonds to restart Nexus project
Oneida County undertook a bold, potentially risky move Wednesday, to restart the stalled Nexus project, in downtown Utica. The vote, by the County Board of Legislators, was unanimous.
Posted: Jun 9, 2021 5:26 PM
Posted By: Joleen Ferris
Oneida County undertook a bold, potentially risky move Wednesday, to restart the stalled Nexus project, in downtown Utica. The vote, by the County Board of Legislators, was unanimous.
"We agreed today, or, in that agreement, is that when they go to bond, they have the backing of this government in order to stand by those bonds, which improves their ability to get the bonding, to get the borrowing in place and to get a very good interest rate," says County Executive, Anthony Picente.

Related Keywords

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