Require bond financing agreement documents to include schedule of debt obligation of county

SB 217 modifies the process for counties and municipalities entering into bond financing agreements. The bill requires bond financing agreement documents to include a schedule of all existing debt obligations for the entire maturity period of the new debt. It mandates that the chair of the county commission and the bond underwriter's signatory sign an acknowledgment confirming that all debt obligations and payment schedules have been presented and explained to the commission before bonds are sold. Additionally, the bill extends these same requirements, including the use of a bond financing review form, to municipalities. These forms must be submitted to the Department of Examiners of Public Accounts and made publicly available.