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Commissioners briefed on proposed $60 million limited-tax GO bond resolution for county capital projects
Summary
County staff presented a draft limited-tax general obligation bond resolution authorizing up to $60 million for capital projects and possible refunding of older bonds if market pricing yields sufficient savings.
County legal counsel and financial advisers presented a draft bond resolution authorizing a not-to-exceed $60 million issuance of limited-tax general obligation bonds to finance various county capital improvements and to provide authority to refund certain outstanding series if market conditions warrant.
Staff described the package as "new-money" financing for campus improvements…
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