File #: 19-128   
Type: Resolution (Non-Consent) Status: Passed
File created: 3/11/2019 In control: County Attorney
On agenda: 3/26/2019 Final action: 3/26/2019
Enactment date: 3/26/2019 Enactment #: 2019-076
Title: REVISED/ Commissioner Philbeck - County Attorney - Limited Obligation Bonds, Series 2019
Sponsors: Tracy L. Philbeck
Attachments: 1. Adopted 2019-076, 2. REVISED Resolution
Related files: 19-187

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 REVISED/ Commissioner Philbeck - County Attorney - Limited Obligation Bonds, Series 2019  

 

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STAFF CONTACT

Charles L. Moore - County Attorney

BUDGET IMPACT
budget

Future debt payments will total $40 million over the next 20 years.  The current budget is not impacted.

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

This Board Action authorizes the County to move forward with a debt issue to finance infrastructure improvements to the County jail, refinance the acquisition of a new emergency communication system and to reimburse the acquisition costs of the Apple Creek Business Park.  The debt issue is subject to approval by the Local Government Commission and will be rated by Moody’s and Standard & Poor’s.

POLICY IMPACT

N/A

ATTACHMENTS

REVISED/ Resolution