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Board approves resolution and agreement related to Riverview Dairy bond trustee changes
Summary
Grant County approved a resolution and agreement concerning Riverview Dairy's state‑issued bonds and a change of trustees; staff said bond‑attorney review remained pending on minor points but recommended approval to avoid delaying the agreement.
Staff reported on a third‑party agreement tied to Riverview Dairy's state bonds for lagoon construction financing. The document reflects a trustee change connected to previously issued state bonds (noted in the meeting as a $20,000,000 transaction). County staff said the county's role was a limited, pass‑through LGU obligation and that bond‑attorney review remained pending on minor items that should not affect passage.
A commissioner moved and the board approved a resolution and the associated agreement authorizing the county chair to sign the documents. Staff noted they would continue to coordinate with bond counsel to complete any required adjustments.
