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Osceola County board approves housing authority appointment, condemnation panel and bond counsel engagement

February 02, 2025 | Osceola County, Iowa


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Osceola County board approves housing authority appointment, condemnation panel and bond counsel engagement
Osceola County officials approved three administrative actions during the meeting: the appointment of a county representative to the Housing Authority of Osceola County, approval of the Condemnation Compensation Commission list and engagement of bond and disclosure counsel for a proposed general obligation notes issuance not to exceed $5,000,000.

The board voted, by voice vote, to appoint Jeff Loring as Osceola County’s representative to the Housing Authority for a four-year term; the appointment was moved and approved without recorded dissent. The board also approved the listed members for the Condemnation Compensation Commission and accepted the bond counsel and disclosure counsel engagement agreement tied to a proposed issuance of up to $5,000,000 in general obligation capital loan notes (series 2025).

Why it matters: the Housing Authority appointment fills the county’s designated representative post; the Condemnation Compensation Commission roster ensures the county has authorized appointees should condemnation proceedings arise; the bond counsel engagement is an administrative step to prepare for potential debt issuance that would require further board approvals and statutory compliance.

Actions and outcomes

- Appointment to the Housing Authority of Osceola County: Motion to appoint Jeff Loring for a four-year term; mover recorded as Commissioner Schulte; support noted from the board; outcome: approved by voice vote.

- Condemnation Compensation Commission: Motion to approve the listed members; mover recorded as Commissioner Helmer; support noted; outcome: approved by voice vote.

- Bond counsel and disclosure counsel engagement: Motion to approve engagement for proposed issuance of not-to-exceed $5,000,000 general obligation capital loan notes, series 2025; mover recorded as Commissioner Schulte; support noted; outcome: approved by voice vote.

No detailed roll-call tallies or recorded dissents were provided in the transcript; each item was approved by the board’s voice vote.

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Scribe from Workplace AI
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