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Commissioners approve resolution allowing installment financing for St. James school expansion up to $13M
Lincoln County Board of Commissioners · July 22, 2025
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Summary
The board adopted a time-sensitive resolution to authorize installment financing and a lease-back structure for the St. James school expansion, allowing limited obligation bonds not to exceed $13 million; staff said projected allocation is about $11 million.
Lincoln County commissioners adopted a time-sensitive resolution authorizing installment financing to support an expansion of St. James school.
Finance staff explained the county will seek limited-obligation bonds and use…
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