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Statesboro to establish Public Facilities Authority to finance future city projects
One of two Bulloch and Boro-specific pieces of legislation heading to Georgia Legislature
Fire Station 3
Officials broke ground in October for the Statesboro Fire Department's Station 3, which the city financed with an arrangement that has the site being owned, technically, by the Georgia Municipal Association until the loan is repaid. A proposed Statesboro Public Facilities Authority could incur debt on the city's behalf for future projects without such a third-party arrangement. The station, which is under construction, is seen here in a conceptual rendering,
A bill of local legislation headed to the Georgia General Assembly when it convenes in January will establish a City of Statesboro Public Facilities Authority that could issue revenue-specific bonds or incur other debt for future city projects.