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Commission authorizes bond resolutions for two bridges and a road improvement project
Summary
The board adopted resolutions on Oct. 23 authorizing bond financing for two bridge projects (B‑498 and B‑509; part financed by $1,150,000 in bond proceeds) and a road project (total cost $4.6M with $3.0M in bonds); bond counsel explained publication and protest timelines.
The Sedgwick County Commission adopted two separate resolutions on Oct. 23 to authorize general obligation bonds that will finance portions of county capital projects.
For two bridge projects (B‑498 and B‑509) county staff reported $1,150,000 in bond‑eligible costs to be financed with bond proceeds and the balance from sales tax. Bond counsel Garth Herman told the board these bonds would be exempt from the county’s debt limit when included in the county’s bond issue. "One of the nice things about these bridge projects and the bonds for them is that these bonds will actually be exempt, from the county's debt limit as well," Herman said. The board voted to adopt the bridge resolution by unanimous roll call.
A separate resolution authorizes a road improvement project included in the approved CIP with a total estimated cost of $4.6 million; the county plans $3.0 million in bond proceeds and $1.6 million from county sales tax proceeds. Herman noted that the road resolution requires two publications in the official county newspaper, which starts a 90‑day protest period after the second publication. The commission adopted that resolution on unanimous voice/roll call as well.
