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LEGISLATIVE RESEARCH CENTER
File #: 25-0503    Version: 2
Type: Agenda Item Status: Work Session
File created: 9/22/2025 In control: Finance
On agenda: 10/20/2025 Final action:
Title: Receive a presentation from DEC Associated on the results of the 2025 Limited Obligation Bonds Refunding
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Title

Receive a presentation from DEC Associated on the results of the 2025 Limited Obligation Bonds Refunding

 

Abstract

Introduction & Background: On July 21st, 2025, the Board of Commissioners approved a Resolution authorizing the negotiation of an amendment to an installment financing contract and directing the publication of notice with respect thereto. On August 18th, 2025, a public hearing was held regarding same, and the Board of Commissioners approved a Resolution approving an amendment to an installment financing agreement and the delivery thereof and providing for certain other related matters.

                     

Discussion & Analysis: The County’s financial advisor, DEC Associates, Inc., is here to present the results of the sale of the County’s 2025 Refunding Limited Obligation Bonds.

 

How does this relate to the Comprehensive Plan: Demonstrate sound fiscal stewardship to ensure we can meet the important service needs of our residents.

 

Budgetary Impact:

                     

Recommendation/Motion: Accept the presentation from DEC Associated on the results of the 2025 Limited Obligation Bonds Refunding.