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Commission ratifies notice for proposed DG Sun LLC industrial revenue bonds up to $17.325 million

Roosevelt County Commission · April 15, 2025
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Summary

On the consent agenda the commission approved mailing notices to taxing jurisdictions about proposed Roosevelt County taxable industrial revenue bonds for the DG Sun LLC project (series 2025) in an aggregate amount up to $17,325,000; commissioners clarified the notice does not finalize bond terms.

Roosevelt County commissioners ratified a consent‑agenda item to mail notice to taxing jurisdictions about proposed taxable industrial revenue bonds for the DG Sun LLC project, up to an aggregate amount of $17,325,000.

The board approved Resolution 2025‑14 and authorized the clerk to send required notices to school districts and other affected taxing entities. Commissioners emphasized that the notice step is part of the process to allow the county to pursue industrial revenue bonds and that final bond terms and any tax abatements would be negotiated later with the project proponents.

An official on the dais explained the mailing provides affected jurisdictions the opportunity to be informed and to comment because the project could affect ad valorem tax bases; proponents noted any tax abatement would typically be counterbalanced by negotiated payments in lieu of taxes.

The consent motion carried by voice vote. Staff said negotiations and any subsequent steps (including formal bond issuance or tax‑abatement agreements) would be returned to the board for approval.