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Cumberland County commissioners adopt two bond-guarantee ordinances and multiple consent resolutions
Summary
On Feb. 24 the Cumberland County Board of Commissioners adopted two ordinances guaranteeing lease-revenue bonds (up to $18M and $16M) and approved a block of consent resolutions awarding contracts and grants, including fuel procurement, SNAP admin funding, FTA Section 5310 funding, sheriff equipment, and several procurement contracts.
The Cumberland County Board of Commissioners on Feb. 24 adopted two county bond-guarantee ordinances and approved a broad consent agenda of contracts and grant applications.
The board read on title and voted to adopt Ordinance '20 26 dash 1 0 1,' authorizing the county to guarantee payment of principal and interest on up to $18,000,000 aggregate principal amount of County-guaranteed lease revenue bonds issued by the Cumberland County Improvement Authority. Director Taylor announced the ordinance was finally adopted and noted the 20-day window for legal challenge began to run from the first publication date on Feb. 24, 2026.
The board next read and adopted 'Ordinance 20 26 dash 0 2,' authorizing a county guarantee of up to $16,000,000 aggregate principal of County-guaranteed lease revenue bonds issued by the…
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