The Oconee County Industrial Development Authority on Wednesday issued $127.8 million in tax-exempt revenue bonds for construction of Presbyterian Village Athens on U.S. 441 at Hog Mountain Road.
The issuance of the bonds followed a Nov. 15 ruling by Oconee County Superior Court Judge Lawton E. Stephens that the Authority had properly entered into an agreement with Westminster Presbyterian Homes Inc. of Quitman to pay off the bonds.
