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December 17, 2012

Port of Skagit issues bonds for projects

BURLINGTON, Skagit County — The Port of Skagit last week issued $6.44 million in bonds to refinance debt and provide funding for future capital projects.

The bonds were issued in three series: the first, totaling $2.2 million, will be used to refinance bonds issued in 2004; the second, $2.03 million, will be used to construct a building at Bayview Business Park; and the third, $2.21 million, will be used to buy land and make improvements at La Conner Marina.

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