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Board approves bond purchase agreement for general obligation urban renewal bonds, Series 2026A
Summary
Supervisors approved a bond purchase agreement authorizing the sale of general obligation urban renewal bonds, Series 2026A, by roll call after the chair read the resolution and members moved and seconded approval.
The Kossuth County Board of Supervisors approved a resolution authorizing a bond purchase agreement for the sale of general obligation urban renewal bonds, Series 2026A.
Chair Carter Knapp read the resolution aloud, stating it was "a resolution to approve for bond purchase agreement for the sale of general obligation of urban renewal bonds, series 20 26 a." Supervisor Hawes moved to approve the resolution and Supervisor Stecker seconded. The board conducted a roll-call vote; the resolution passed.
The board did not enumerate bond sale mechanics during the vote—those were discussed earlier during the financial advisor's summary—but the approval formalizes the previously discussed sale terms and authorizes staff to complete closing steps and execute the purchase agreement.
Staff will sign and date the adopted resolution and follow established procedures to synchronize timing of the sale and closings with the county's records.
