County OKs intent to issue bonds for Project Ranger and interim loan to acquire project land
Commissioners approved an intent resolution to issue up to $125 million in industrial revenue bonds for Project Ranger and authorized interim use of county economic‑development funds to purchase parcels that will be part of the project; county staff said interim loan will be interest‑only at 4.5% for up to three years.
The full story
Sandoval County commissioners on July 23 approved a nonbinding intent resolution to issue industrial revenue bonds of up to $125 million for a development called Project Ranger and also authorized temporary use of county economic development funds to purchase parcels needed for the project.
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