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Commissioners approve $300,000 transfer to courthouse renovation fund to pay 2025 planning costs
Summary
At a March 20 special meeting, the Lake County Board of County Commissioners approved a unanimous motion to transfer $300,000 from the general fund reserve into a newly created courthouse renovation fund to cover planning and early invoices for the project.
County Manager Tim Bergman told the Lake County Board of County Commissioners on March 20 that the board should transfer money already budgeted to begin paying planning and consultant bills for the courthouse renovation.
The county unanimously approved a motion to transfer $300,000 from the $5,000,000 general fund reserve into the courthouse renovation fund to cover 2025 planning and consultant invoices.
Tim Bergman, county manager, said the county previously set aside $5 million from an $8 million Certificate of Participation financing package and that the funds had been held in investments while the project advanced. "So the request before you today, is to for the board to approve a transfer of $1,000,000 from the $5,000,000 set aside to the courthouse renovation fund," Bergman said, describing…
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