Madison County to cover shortfall in bond payment

MADISON COUNTY supervisors voted last week to make up most of the shortfall on a bond payment for the Parkway East Public Improvement District (PID).

“We voted to pay an amount not to exceed $464,376.60,” said District 1 Supervisor John Bell Crosby. The PID is located in Crosby’s district.

The previous week, the PID had requested that the county contribute $489,455.16 to the May bond payment.