(From the Office of Ohio Secretary of State Robert Sprague)

The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague has helped the Village of Carey (Wyandot County) enter the market and save an estimated $1,972 in interest costs.

“OMAP is an effective tool that helps local governments reduce expenses and generate savings while funding improvements in their communities,” said Treasurer Sprague. “The Village of Carey has now utilized the program eight times, resulting in over $264,000 in savings.”

Carey’s notes were issued to fund major electric system improvements, including a new substation, transformer, and distribution feeders to serve a new school and industrial park, as well as the replacement of wooden poles with iron or steel poles. This issuance markes

See Full Page