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Johnson County to offer about $60.31 million in general obligation bonds for wastewater, airport hangars and New Century infrastructure

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Summary

County staff told commissioners they plan to sell approximately $60.31 million of general obligation improvement bonds (Series 2025A) to fund two wastewater projects, airport T-hangars and infrastructure at New Century Commerce Center; staff gave preliminary interest-rate projections and issuance timing.

Johnson County budget and financial planning staff told the Board of County Commissioners on Sept. 25 they plan to offer approximately $60,310,000 of general obligation internal improvement bonds, Series 2025A, to fund several capital projects.

Leslie Friedel, budget and financial planning, said the county expects to go to market on Oct. 22 and return the following day for board approval of the sale. The preliminary principal amount is about $60,310,000; bond proceeds…

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