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Finance committee backs Nash Creek drainage bond; county share about $130,000
Summary
The Finance Committee authorized pledging Kent County’s full faith and credit for Nash Creek Intercounty Drain District bonds up to $4.1 million to fund erosion control and stream restoration, and approved a $130,255 county at‑large appropriation to the drains budget.
The Kent County Board of Commissioners Finance Committee approved a recommendation to pledge the county’s full faith and credit for the issuance of Nash Creek Intercounty Drain District Bond Series 2025 to fund a multi‑year stream stabilization and restoration project. The project cost was presented not to exceed $4,100,000; the county’s at‑large share was reported as roughly $130,000 and the committee approved a related transfer and appropriation of up to $130,255 to the FY 2025 General Fund Drains county at‑large budget.
Drain Commissioner Yonker described the project’s…
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