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Advisors outline roughly $4M Mohee Dam project; $532,000 BAN proposed to start design
Summary
Financial advisors presented a preliminary funding plan for the Mohee Dam project, estimating total costs near $4,000,000 and requesting a $532,000 bond anticipation note to begin design work in Oct/Nov 2025; commissioners heard the presentation and will consider financing options.
Shawn Kleinpeter of Kleinpeter Financial Group told the board the Mohee Dam project would cost about $4,000,000 in total and that design work is slated to begin in October or November 2025.
"The total project proposal is around $4,000,000," Kleinpeter said, and he explained a Bond Anticipation Note (BAN) of $532,000 would be used to start design. Commissioners did not adopt financing in the meeting but discussed funding options and next steps for contracting and design oversight.
