The Johnson County Board of Commissioners approved Resolution 119-25 on Oct. 2, authorizing the offering for sale of approximately $60,310,000 in general obligation internal improvement bonds, series 2025A, to fund previously approved capital projects.
County finance staff said the funds will cover projects already vetted and approved by the board, including wastewater work (Leawood Pump Station, Mill Creek Storage), t-hangars at Executive Airport and infrastructure for the New Century Commerce Center. Leslie Bridal of Budget and Financial Planning told the board she had presented the financing details at agenda review the prior week and had “nothing new to add.”
Why it matters: Commissioners said issuing the bonds now leverages the county’s strong credit ratings and provides financing for projects already in the capital plan. Commissioner Hanslick noted the county’s AAA rating and said bond-market demand is reflected in a reoffering premium cited in the briefing.
Board action: Commissioner Hanslick moved to approve; Commissioner Allen Brand seconded. The motion passed 7–0 on a roll call vote. Commissioners emphasized that the board previously approved each underlying project and said the bond sale is the financing step to execute authorized capital work.
Context and timing: Staff said rating-agency calls were underway and that the county expected rating results before the scheduled bond sale. Commissioners described the decision as routine financing to implement projects the board earlier approved rather than approval of new projects.