FARMINGTON — Refinancing $15.7 million in bond debt issued in 2005 to expand the Davis County Jail could save the county $800,000 over the life of the bonds.
The bond debt, originally $24.8 million, was taken out in 2005 to fund additions to the county jail in west Farmington, Davis County Clerk/Auditor Steve Rawlings said.
There is currently $19.8 million remaining on the original debt, with $15.7 million eligible for refinance to gain the county a better interest rate, Rawlings said.










