Charles County will issue $47 million general obligation bonds on March 25, including $27 million of tax-exempt bonds and $20 million of taxable debt.

Proceeds from the tax-exempt bonds will be used to fund various capital projects. Proceeds from the taxable offering will be used to finance the construction of a stadium complex and a new road project, which will be repaid by a local developer, American Community Properties Trust, under an agreement with the county.

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