Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Debt Issuance topic
No spam. Unsubscribe anytime.
Adams County board begins process for up to $5 million in general obligation notes, approves disclosure policy
Summary
The board adopted Resolution 2026-34 to institute proceedings for up to $5,000,000 in GO capital loan notes to fund urban renewal projects, approved the Preliminary Official Statement with underwriter D.A. Davidson & Co., and adopted a Bond Disclosure Policy naming the auditor as disclosure coordinator.
Adams County supervisors voted July 20 to institute proceedings to authorize issuance of not to exceed $5,000,000 in general obligation capital loan notes to fund urban renewal and infrastructure projects, including work tied to an amendment of the Southern Hills Wind Farm Urban Renewal Plan. The resolution declares official intent under Treasury Regulation 1.150-2 and states that general fund advances for capital expenditures may be reimbursed from note proceeds within statutory timelines.
In related action, the board approved distribution of a Preliminary Official Statement prepared with underwriter D.A. Davidson & Co., deeming it final for Rule 15c2-12 purposes subject to counsel and underwriter revisions. The board also adopted a Bond Disclosure Policy to provide protocols for future compliance with SEC Rule 15c2-12 and designated the County Auditor as Disclosure Coordinator.
