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County financial adviser proposes fast timetable for $6 million library bond

Davis County Budget Committee · April 14, 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

A financial adviser recommended adopting a 'super‑parameters' resolution April 29 and conducting a direct‑purchase bid process in May to issue about $6 million in bonds for library projects; the committee discussed bond options and local lender appetite.

At the April 14 Budget Committee meeting, the county's financial adviser outlined a proposed schedule to finance library projects using roughly $6 million in bond proceeds.

The adviser recommended the commission adopt a "super‑parameters resolution" at the April 29 commission meeting to set bonding limits and…

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