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Lane County authorizes up to $14 million in bonds for central plant upgrade
Summary
The Lane County Board of Commissioners approved a resolution authorizing up to $14 million in full‑faith‑and‑credit bonds to finance upgrades to the Public Service Building central plant, voting 5‑0 on April 14. Staff recommended a 10‑year issuance to lower total interest costs.
The Lane County Board of Commissioners on April 14 authorized the sale of bonds not to exceed $14,000,000 to finance upgrades to the Public Service Building central plant and delegated execution authority to the county administrator and county treasurer.
County staff and financial adviser Piper Sandler summarized a financing analysis that evaluated 10‑, 15‑ and 20‑year maturity scenarios and recommended a shorter 10‑year issuance for greatest…
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