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Lee County board approves preliminary resolution to pursue limited-obligation bonds for new school bus garage
Summary
County staff opened a public hearing and the board approved a preliminary findings resolution to begin limited-obligation bond financing for a new school bus garage, waiving the usual overnight waiting policy to vote the same night.
County finance staff and advisors presented the public hearing required to begin the debt-issuance process for a new school bus garage, a CIP project included in FY26. Staff explained the preliminary findings resolution authorizes application to the Local Government Commission to approve bonds and related agreements.
Commissioners voted to waive the county—s policy that normally prevents same-night action on items that had public hearings and then approved the preliminary resolution to proceed with the limited-obligation bond series 2026. Finance staff said the action was the second step in the financing process and that the county would complete required filings with the Local Government Commission.
