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Commissioners approve $3.03 million transfer to County TIF #2 for road project investments
Summary
The board authorized a $3,029,995.32 transfer into County TIF #2 to cover costs tied to County Road #17 and Carpenter Road and directed related investment placement with Collier's Investment Firm.
The Clark County Board approved a cash transfer of $3,029,995.32 from County General and Road & Bridge funds into County TIF #2 on June 17 to cover costs associated with County Road #17 and Carpenter Road. Minutes record: "Amount to be invested is $3,029,995.32." The motion was moved by Commissioner Terry Schlagel and seconded by Commissioner Sara Gjerde; all commissioners voted aye.
The minutes state the transferred funds will be held by "Collier’s Investment Firm" and are intended to cover costs tied to County TIF #2 and the referenced road projects. The board also used the motion discussion to approve budget guidance changes elsewhere on the agenda, including longevity and salary base instructions for 2026.
