County EDA takes first look at Justice Center bonds
FAIRMONT – With the potential Justice Center project front and center, financing information was presented at Monday’s Martin County EDA meeting. Northland Services Representative George Eilertson was on hand to discuss potential financing options. He said they are looking at two options: General Obligation bonds, which would only cover the jail portion of the Justice Center, and lease financing, which Eilertson said is common for projects like this. “The authority to issue this kind of bond is not with the county board, but rather with an EDA,” he said. “It's within your ...