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Codington County commissioners approve resolution to enable sale of voter-approved general obligation bonds
Summary
Commissioners approved a resolution authorizing the county to complete actions needed to issue voter-approved general obligation bonds, including levying a dedicated tax and hiring necessary agents for sale and book-entry registration.
Codington County commissioners on Tuesday approved Resolution 2025-08 authorizing the county to take the administrative steps needed to issue general obligation bonds voters previously approved.
The resolution delegates authority to county officials to finalize bond terms, execute the bond purchase agreement, hire necessary agents and place the bonds in book-entry form, and levies an irrepealable tax to pay principal…
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