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Franklin County approves $1.3 million in urban renewal bonds
Summary
The Franklin County Board of Supervisors unanimously approved issuance of $1,300,000 in General Obligation Urban Renewal Bonds, Series 2026, authorizing a loan agreement and levy of taxes to pay the bonds; the transcript does not specify the bond proceeds' use.
The Franklin County Board of Supervisors on April 21 unanimously approved a resolution authorizing the issuance of $1,300,000 in General Obligation Urban Renewal Bonds, Series 2026, and providing for the levy of taxes to pay the bonds. The motion to adopt the resolution was made by Supervisor McVicker and seconded by Supervisor Lukensmeyer; the roll call vote recorded Ayes: Lukensmeyer, McVicker and Vanness, Nays: none.
The resolution, recorded in the meeting minutes, directs county officials to proceed with a loan agreement and bond issuance; a copy of the full resolution is available on the county website or from the Auditor’s office. The transcript does not specify how the bond proceeds will be used or the projects they will fund. That detail was not included in the meeting record and is therefore not reported here.
The supervisors took the action during their regular session at the Franklin County Courthouse. No related amendments or contingencies were recorded in the transcript; next steps (such as bond closing dates or further hearings) were not specified.
