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Franklin County approves $1.3 million in urban renewal bonds
Summary
The Franklin County Board of Supervisors adopted a resolution authorizing issuance of $1,300,000 in General Obligation Urban Renewal Bonds, Series 2026, by unanimous roll-call vote to fund urban renewal purposes; the board also approved related tax levy provisions.
The Franklin County Board of Supervisors voted April 21 to authorize the issuance of $1,300,000 in General Obligation Urban Renewal Bonds, Series 2026. The motion, moved by Supervisor McVicker and seconded by Supervisor Lukensmeyer, passed on a roll-call vote with Supervisors Lukensmeyer, McVicker and Chairman Chris Vanness voting aye.
The resolution authorizes the loan agreement and provides for the levy of taxes to repay the debt. The resolution text and the full bond document are available from the Auditor’s office or on the county website.
Board members offered no formal amendments during the session. The financing was presented as a routine fiscal action; no public comment or opposition is recorded in the minutes.
The board took the vote during the regular session; the resolution was recorded as duly adopted. Further details about the projects financed by the bonds were not specified in the minutes.
