Commission approves financing resolution for Ryan's Lane RID after project underruns
The commission adopted Resolution 2026-21 to participate in state intercap loan financing for Ryan's Lane RID; final costs totaled $42,155.94 and staff said assessments could fall from $715 to about $381 per property per year.
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Jessica Makas presented Resolution 2026-21 authorizing participation in the State Board of Investments intercap loan program for Ryan's Lane Rural Improvement District (#2024-6). Makas said the project—originally authorized at $76,367—came in under budget, with final costs including the RID revolving fund of $42,155.94.
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