Toccoa City Commission To Meet Today

February 25, 2013

Toccoa City Commissioners will meet for a regularly scheduled meeting later today.

City commissioners will start their meeting at 5 p.m. at Toccoa City Hall.

Toccoa Mayor David Austin said the city commission has chosen to return to holding both monthly meetings in the evening, rather than having one in the morning as it has for the past year.

“We have been trying to see if we could get more of the public involved in our meetings by having a morning meeting,” said Austin. “That has not worked out as well as we thought, so we are going to go back to having all of our meetings at 5 p.m.”

During today’s 5 p.m. city commission meeting, the commission is expected to once again consider the re-financing of the city’s Georgia Environmental Finance Authority loans.

As of January 1, the city has about $6.15 million in GEFA debt outstanding through various loans with interest rates ranging from 3.75 percent to 5.21 percent.

City commissioners tabled a proposal to re-finance the debt at its last meeting on February 11, asking for more information.

Prior to considering it during the meeting, the city commission is expected to review the GEFA loan re-financing proposal at a work session today. That work session is scheduled to begin at 3:30 p.m. and will also take place at Toccoa City Hall.

Today’s 3:30 p.m. work session and 5 p.m. city commission meeting are both open to the public.

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