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County to use bond proceeds first; cash set aside for Smith Valley Road will remain until bond spend‑down
5792535 · September 5, 2025
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Summary
County staff told council the upcoming $40 million general obligation bond proceeds will be spent before tapping earlier cash set aside for Smith Valley Road; council agreed to create a bond debt‑service line item at second reading.
County staff and the highway supervisor told council the county plans to use bond proceeds first for the capital projects outlined in the bond package and to use cash reserves later for projects such as the remaining phases of Smith Valley Road.
Luke Masten, county highway supervisor, said the county…
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