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Cowlitz County to back PFD bond for $11.7M renovation after favorable feasibility review
Summary
Treasurer Deborah Gardner and Public Facilities District officials briefed commissioners on a phase‑1 bond and third‑party feasibility review that found adequate capacity to cover debt service; the project uses a progressive design‑build approach with an $11.7 million budget and documents are expected to return to the board for approval in February.
Cowlitz County Treasurer Deborah Gardner and Public Facilities District (PFD) representatives briefed commissioners on phase‑1 financing for a planned renovation project and the county’s role in issuing bonds to support the work.
Gardner said the county will need to sign a third amendment to the interlocal agreement and a resolution authorizing bond issuance; the county would be responsible if the PFD could not pay, but she said the county’s capacity exceeds the…
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