Update: Thanks to all that attended the meetings below. Click here to view the presentation given at the meeting. Jefferson County will hold two town hall meetings to review and explain the recent refinance of the County’s sewer bond debt. Commissioner Sheila Tyson is hosting the events and representatives from Jefferson County Environmental Services, the County Manager’s Office, and the County Attorney’s office will be on hand to explain what the bond debt refinance did and how it impacts citizens. The locations are: - Bessemer Civic Center (1130 9thAve. SW, Bessemer, AL 35022) 5:30 p.m. – 7:30 p.m. Tuesday, February 13, 2024
- Boutwell Auditorium (1930Reverend Abraham Woods Jr. Blvd, Birmingham, AL 35203) 5:30 p.m. 7:30 p.m. Thursday, Feb. 15, 2024
Background: On January 10, 2024, Jefferson County announced it had completed its refinance of $2.24 billion of sewer revenue warrants for a gross savings of $1.17 billion, which reduces the County’s payments on the overall sewer debt. In addition, the refunding was accomplished without extending the maturity of the sewer debt. The refinance includes a provision for a customer assistance program and stabilizes rate increases. Read that news release here |