Committee approves short-term debt resolution to finance 2027 road projects
The committee approved a resolution authorizing short-term borrowing for 2027 road construction projects and will forward it to the County Board; the resolution requires a three-quarters vote at board level to borrow. Motion by Jeff Ulrich, second by Doug Erickson; motion carried.
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The Price County Highway & Transportation Committee on Sept. 2 approved a resolution (previously signed by the Executive Committee) that would allow the county to finance 2027 road construction projects with short-term debt. Committee members were advised that County Board approval would be required and that a three-quarters vote is needed for the county to borrow funds.
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