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Johnson County PBC reviews notice to issue up to $6.365 million in revenue bonds for county buildings
Summary
At an Feb. 6 agenda review, the Johnson County Public Building Commission heard presentation of Resolution PBC-125 to publish notice of intent to issue up to $6,365,000 in revenue bonds for improvements to three county facilities and to begin a 30-day protest period; no formal vote was taken.
The Johnson County Public Building Commission at an agenda review on Feb. 6 considered Resolution PBC-125, which would authorize publishing notice of the commission’s intent to issue up to $6,365,000 in revenue bonds plus issuance costs to fund improvements to the Northeast Office Building, the Administration Building and the New Century Adult Detention Center.
The item matters because publishing the legal notice starts a statutorily required 30-day protest period; if no valid protest is filed the commission can later proceed with debt issuance. Leslie Friedel, budget and financial planning, told commissioners the notice must be published twice in the legal record and the commission would wait 30 days to see if a protest is filed…
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