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Santa Fe County approves sale of up to $21,025,000 in general obligation bonds
Summary
The Santa Fe County Board of County Commissioners voted to approve a resolution authorizing the sale of up to $21,025,000 in Series 2025 general obligation improvement bonds to fund roads and open-space projects; $12.5 million for water and wastewater will be pursued as low-interest loans through the New Mexico Environment Department.
The Santa Fe County Board of County Commissioners on Thursday approved a resolution authorizing the issuance and sale of up to $21,025,000 in general obligation improvement bonds, Series 2025, and approved a preliminary official statement and a form of registrar and paying agent agreement. Commissioner Justin Green moved the measure and Commissioner Hank Hughes seconded; the motion carried and was assigned Resolution No. 2025055.
The bonds represent part of $33,525,000 in general obligation authority voters approved at the November general election via three bond questions. County Manager Schafer told commissioners the $21,025,000 proposed for sale covers projects for roads and for open space, trails and…
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