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Commission hears plan to publish intent for $3.5 million remaining bond capacity; no tax increase
Summary
County counsel told commissioners the resolution would authorize publication of the county’s intent to consider an ordinance issuing $3.5 million of remaining voter-approved general-obligation bond capacity; counsel said the step does not itself increase taxes and is a procedural step toward a later ordinance.
The Grant County Board of Commissioners heard a presentation June 9 on a proposed resolution to publish notice of the commission’s intent to consider an ordinance authorizing the issuance of $3.5 million in remaining general-obligation bond capacity approved by voters in 2022. County counsel Luis Krosco told the board the measure would only authorize public notice, not adopt the bond or raise taxes.
Krosco, of the Roie Law Firm and serving as county counsel, said the voters previously authorized up to $8 million for general-obligation bonds and the $3.5 million represents the remaining capacity. “The resolution you have before you today is a very simple and straightforward one. It would simply authorize the county to make a publication of its intent to consider an ordinance authorizing the issuance of the remaining capacity that was approved by the voters in 2022,” he said.
Why it matters: County staff and counsel said the proposed issuance would allocate roughly $1.5 million for remodeling or additions to public buildings and about $2 million for road construction. Commissioners asked for reassurance that the step would not change property tax rates; Krosco and county staff confirmed the notice step is procedural and would not itself raise taxes.
What’s next: The resolution is scheduled for formal consideration on the regular meeting agenda later this week; publication of intent is the legal step that enables a future ordinance and final authorizing vote. The board did not adopt the ordinance at the June 9 work session; staff said any final bond issuance would be the subject of later public action.
Context and constraints: Krosco emphasized that the resolution is the county’s notice of intent only, not an authorization to levy new taxes. As he described it, the plan is to preserve voter-authorized capacity for projects while keeping property tax rates steady. County staff also noted any ordinance and bond issuance would follow statutory notice and hearing requirements before the board could adopt the borrowing plan.
