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Commissioners approve authorization to issue up to $7 million in anticipation notes for road projects
Summary
The board approved a resolution authorizing issuance and sale of notes not to exceed $7,000,000 to finance county road construction, reconstruction and paving projects; the resolution passed on roll call without substantive debate.
The commissioner's office presented and the board approved a resolution providing for the issuance and sale of notes in an aggregate principal amount not to exceed $7,000,000 to pay costs of constructing, reconstructing, paving and otherwise improving county roads and related appurtenances. The resolution was moved, seconded and passed on roll call.
Commissioners offered no substantive debate in the meeting record; the action allows the county to proceed with short-term borrowing in anticipation of bonds to fund multiple road-improvement projects across the county.
