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Des Moines County schedules April 7 hearing for proposed $4.227 million general obligation loan
Summary
The Des Moines County Board of Supervisors approved a resolution to set an April 7 public hearing on a proposed $4,227,000 general obligation loan to fund parking and sheriff entrance work, facility repairs, IT and election equipment, insurance, and a jail expansion; Dorsey & Whitney LLP was engaged as bond counsel.
The Des Moines County Board of Supervisors on Tuesday approved a resolution setting an April 7, 2026 public hearing on a proposed General Obligation County Purpose Loan Agreement to borrow up to $4,227,000 for several county projects.
The resolution, adopted as Resolution No. 2026-018, outlines the proposed spending package: $275,000 for parking improvements and entrance remodeling at the sheriff’s department; $150,000 for general physical plant repairs and improvements at county buildings; $633,000 for information technology equipment for county buildings; $61,000 for elections equipment; $3,088,000 for insurance for county operations; and $20,000 for jail facilities expansion. Member Jim Cary moved to approve the resolution; Vice Chair Tom Broeker seconded. Unless otherwise noted, motions passed unanimously.
At the same meeting the Board approved an engagement understanding with Dorsey & Whitney LLP to serve as Des Moines County’s general obligation bond counsel. Vice Chair Tom Broeker moved approval of the bond counsel understanding and Member Jim Cary seconded.
Why it matters: The loan would allow the county to finance a mix of infrastructure, equipment and insurance needs across multiple departments. The Board’s action sets a formal public hearing on April 7, giving residents a chance to comment before any final borrowing is authorized.
Legal and procedural note: The resolution cites Sections 331.402, 331.441 and 331.443 of the Code of Iowa and declares the county’s intent to reimburse certain prior expenditures from bond proceeds consistent with federal tax regulations (Section 1.150-2 of the Income Tax Regulations). The County Auditor was directed to publish notice as required by law.
Next steps: The Board will convene at 9:00 a.m. on April 7 in the Courthouse Board of Supervisors Meeting Room, 2nd Floor, Burlington, for the public hearing on the proposed loan and related proceedings.
