CHICAGO -- Cook County, Ill., has proposed a bonding plan for the remainder of the year that includes about $235 million of general obligation bonds, refunding existing debt, and restructuring mortgage revenue debt.

Woods Bowman, the county's chief financial officer, proposed the plan last week. He said the county's finance committee is expected to hold hearings on the plan later this month, and the county board will vote on it at its Aug. 4 meeting. If approved by the board, the debt will be priced in September or October, he said.

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