Governor seeks federal help with Jeffco $3.9B debt


The governor, who met last month with Treasury Secretary Timothy
Geithner and Federal Reserve Chairman Ben Bernanke, wrote a letter
to them March 5 spelling out his request.

The governor, along with a majority of the five-member county
commission, wants to refinance or restructure the debt at a fixed,
sustainable rate of interest, with the federal government providing
a form of bond insurance that is not now available in the private

Details of the letter were reported Tuesday as two county commissioners issued a news release saying a bankruptcy filing
would be the best option.
Information from: AP as compiled from information from The Birmingham News,

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