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County staff outlines collected funds and bond planning; board asks how state $20M is drawn down
Summary
Staff reported roughly $17.5 million collected to date for the jail district, about $2 million spent and an approximate $50.5 million remaining, and outlined a high‑level bond schedule; a supervisor asked how a referenced $20 million at the state would be accessed.
Staff told the supervisors that the jail district has collected approximately $17,500,000 so far, has spent a little more than $2,000,000 and currently shows about $50,500,000 remaining in the balance for the project.
"Almost 17,500,000 has been collected," a Presenter said when summarizing district finances, and staff outlined a high‑level bond planning timeline that will include a board work session on bond steps, credit rating work and (later) authorization. The team said the bond authorization window and shortlisted design‑build procurement would run in sequence with site work and construction milestones.
A committee member raised a separate financing question: "We have $20,000,000 sitting at the state, and we have to be able to prove to the state that we have the money to build this jail and really get that $20,000,000," they said. Staff said the county needs to review the state language and that the typical practice is to demonstrate financing (often via bond authorization) to draw down state appropriations; staff offered to follow up with the exact requirements.
