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Pueblo County reviews $3.7 million private activity bond allocation ahead of Aug. decision
Summary
County staff provided an informational briefing July 29 on private activity bonds, the $125-per-capita allocation that yields $3,724,705 for Pueblo County in 2025, and outlined three options for using the allocation ahead of an Aug. 15 internal decision and a Sept. 15 submission deadline.
County staff briefed the Pueblo County Board of County Commissioners on private activity bonds during a July 29 work-session update, laying out how the county’s $125-per-capita allocation — $3,724,705 for 2025 — could be used for local projects including affordable housing and manufacturing facilities. The presentation was informational; commissioners were told staff will return with recommendation material ahead of an internal August 15 planning decision to meet a state submission deadline of Sept. 15.
Private activity bonds (PABs) are tax-exempt allocations that local governments can assign to non‑governmental borrowers to support projects such as new construction, acquisition or rehabilitation of housing for low- and moderate-income households, mortgage-related programs, manufacturing facilities, redevelopment of blighted property, certain disposal facilities, nonprofit hospitals and private universities. “The bonds can be…
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