Exclusive Content:

Projected Growth of Active Sensor Market to Hit $50.7...

Exploring the Growth of the Measurement and Test...

Sumer finalizes its eleventh acquisition to strengthen its accountancy...

Sumer Acquires DPC Chartered Accountants: Expanding Presence in...

IT Audit for Change Management at Wolters Kluwer

Understanding IT Change Management IT change management is a...

Bond Election Scheduled for Court, Jail, and Law Enforcement Facilities in Codington County | Local News


Codington County Commissioners Approve Resolution for $29.65 Million Bond Election

Codington County Commissioners have approved a resolution for a bond election on November 5th, 2024, to fund the construction and renovation of court facilities, a county jail, and law enforcement facilities. The county plans to issue up to $29,650,000 in general obligation bonds for the project.

The resolution cites the need to improve current facilities to meet the county’s needs, including potentially building a new sheriff operations facility. If the bond election passes, the county will borrow the funds with a repayment term not exceeding 20 years, with the County Commission determining the interest rate.

In addition to the bond funds, the county plans to allocate $8,600,619 from future building funds towards the project, reducing the overall borrowing amount. The bond election will coincide with the General Election on November 5th, 2024, with voters being asked to approve or deny the issuance of the bonds.

The County Auditor will announce the voter registration deadline, and notices regarding registration will be published in the official county newspapers for two consecutive weeks. The election notices will include details about the project and the ballot format, with the County Commission meeting within six days of the election to canvass the results.

This decision comes after the County Commissioners grappled with the proposal and approved the construction manager contract for the potential jail construction in Codington County. The approval and authorization of Chair Rand signal progress towards addressing the county’s infrastructure needs. The decision on whether to build a new detention center will likely be up for discussion in the upcoming election.

Latest

Projected Growth of Active Sensor Market to Hit $50.7 Billion

Exploring the Growth of the Measurement and Test...

Sumer finalizes its eleventh acquisition to strengthen its accountancy group

Sumer Acquires DPC Chartered Accountants: Expanding Presence in...

IT Audit for Change Management at Wolters Kluwer

Understanding IT Change Management IT change management is a...

Sanstar IPO: 10 Important Details from the RHP, Covering Products and Financials

Sanstar IPO Details and Key Information Sanstar, a leading...

Newsletter

Don't miss

HKA expands forensic accounting and commercial damages practice with three new experts

HKA Welcomes Three Experts to Forensic Accounting and...

Delta Air Lines CEO Challenges the Economic Tactics of Budget Airlines

Delta Air Lines CEO Critiques Low-Cost Carriers Amid...

Sumer finalizes its eleventh acquisition to strengthen its accountancy...

Sumer Acquires DPC Chartered Accountants: Expanding Presence in the UK Market Sumer Continues Expansion with Acquisition of DPC Chartered Accountants Mid-market accountancy group Sumer has...

Sumer, an accountancy consolidator, finalizes its 11th acquisition

Accountancy consolidator Sumer completes 11th acquisition in the UK Accountancy consolidator Sumer completes 11th acquisition Accountancy group Sumer has made headlines once again with its...

India’s Institute of Chartered Accountants

The Institute of Chartered Accountants of India Hosts AI Innovation Summit - AIS 2024 in Hyderabad The Institute of Chartered Accountants of India (ICAI)...