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Cass County schedules public hearing for Sanford tax‑exempt revenue bonds; county not liable for debt, presenter says

3192694 · May 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board agreed to publish notice and hold a public hearing at its next regular meeting to satisfy federal tax-code requirements for Sanford’s planned tax‑exempt bond financing; county officials were told Cass County is not liable for the bonds.

The Cass County Board of Commissioners voted to adopt a resolution calling a public hearing at the next regularly scheduled meeting so Sanford can satisfy federal tax-code requirements for proposed tax-exempt revenue bonds.

Ronnie Martin of the law firm Chapman and Cutler, speaking for Sanford, said the hearing is required in every local jurisdiction where a portion of tax-exempt bond proceeds may be…

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