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Commissioners approve findings resolution for $145M limited obligation bond process
Summary
The board approved findings resolutions allowing Buncombe County to move forward with a not‑to‑exceed $145 million limited obligation bond issuance (including $47 million reimbursable) and authorized steps to align deed of trusts and seek Local Government Commission approval; two related resolutions for government facilities and schools were approved by voice vote.
Finance Director Melissa Moore told the board the findings resolution for the county’s 2026 limited obligation bond (LOB) sets a not‑to‑exceed amount of $145 million, authorizes reimbursement of up to $47 million in prior project expenses, and aligns collateral by creating a 2026 deed of trust for county assets while modifying the 2015…
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