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Public Building Commission discusses offering up to $6.5 million in lease-purchase bonds to fund 2025 asset replacements
Summary
The Public Building Commission reviewed a proposed resolution (PBC002-25) to offer about $6.485 million in lease-purchase revenue bonds to pay for the 2025 major asset replacement program; no formal vote was recorded and final sale dates and ratings will be set at a later board meeting.
The Public Building Commission of Johnson County, Kansas, reviewed Resolution PBC002-25 on Oct. 2, 2025, which would authorize offering for sale approximately $6,485,000 in lease-purchase revenue bonds (Master Lease Series 2025A) to fund the 2025 major asset replacement program. The item was presented for discussion; commissioners did not take a formal vote at the special meeting.
The presentation noted the bonds would fund the 2025 major asset replacement program approved as part of the 2025 county budget. Presenter Lehi Bridal said, “this will be for approximately 6,500,000.0 and it…
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