HUDSON — The Columbia County Board of Supervisors will consider issuing $9.78 million in bonds to cover the cost of several capital projects at its regular meeting Wednesday.
The board will consider a resolution to approve the issuance of $9.78 million in bonds to pay for the county’s commitment to the college’s capital project, for bridge and road work and improvements to the county’s new fire training center.
The bonds will be paid back over 30 years, said Columbia County Controller Ronald Caponera. Caponera does not know how taxes will be affected until new interest rates are released, he said.
The county committed to contribute $5 million to Columbia-Greene Community College’s $20 million capital project last September. The cost for the project is split between the state, Columbia and Greene counties, with the state picking up $10 million of the tab and the counties splitting the rest 50/50, Caponera said…