COUNTY SEEKS INPUT ON REFINANCING BONDS — After a lengthy discussion Tuesday, Wise County commissioners agreed to allow The PFM Group to provide financial services to the county and specifically to look at refinancing the college lease revenue bonds. Precinct 4 Commissioner Gaylord Kennedy said before any action was taken to refinance, they would need to determine it was, in fact, a savings, since the county has already paid a significant amount in interest on the bonds. “They’re going to have to save us $12 million up front and then see what the interest rate is. I don’t think we can, but as a commissioner, it’s our due diligence to look into it,” he said. “If we’re in business, you’re looking to save as much money as we can. If we don’t do it now, the interest rate will be up there pretty good the next four years.” Precinct 1 Commissioner Danny White was concerned about the possibility of the college building being put up as collateral, but County Judge J.D. Clark reassured him no specific plans had been proposed at this point. “I’m asking to let someone look at it,” Clark said. “If we’ve currently got the best deal, I think that will be evident when we see the proposals.” Read more in an upcoming edition of the Wise County Messenger.