County administration reports new payment, bond retirement set‑aside and development updates
County administration said a recent payment reduced an outstanding balance to just over $1,000,000 and recommended using remaining funds to pay down debt while setting aside about $310,000 for a bond retirement fund. Staff also reported dormitory bed layouts were approved for phase 3 review and listed upcoming development and airport meetings.
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Jamie, an administrative official, told the board that the county received a payment that reduced an outstanding balance to just over $1,000,000 and recommended paying down debt with the remaining portion. "We did receive a new file payment... It's just over 1000000 dollars," Jamie said, adding that about $310,000 would be set aside for a bond retirement fund.
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