Board Votes to Borrow Additional $4.9 Million for Capital Improvements

At the March 2017 regular meeting, the County Board voted to borrow an additional $4.9 million dollars to fund a list of capital improvements projects.  The loan, made by the State Trust Fund, will make up the difference between available cash, and the $7.7 million total cost of the Capital Improvements Plan (CIP) compiled and prioritized by the County Administrator. The loan, which carries a 5 year repayment term, will fund projects scheduled over the next two years.  The full list of funded projects, along with which ones will be funded with cash vs. which will be funded with...

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