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Debt Review Committee recommends sales‑tax bonds to reimburse county for government center purchase and related projects
Summary
The committee voted to recommend that the Salt Lake County Council authorize sales‑tax revenue bonds of about $120 million to reimburse the county for purchase of a government center building and to fund remodels and replacement space for several county operations.
The Salt Lake County Debt Review Committee voted to recommend that the County Council authorize approximately $120,000,000 in bonds, and recommended using sales‑tax revenue bonds rather than Municipal Building Authority (MBA) debt.
Darren Casper explained the request, saying the county used cash held for new jail facilities to purchase new government center real estate and now needs to reimburse that cash. “We need to reimburse…
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