Bonds for Dows properties approved without comment

Linn County will issue $7,300,000 in Taxable General Obligation Urban Renewal County Purpose Bonds sometime in the future and you and I will pay for the bonds via a likely increase in our property taxes. The to-be-signed resolution authorizing the bonds is attached.

Today’s action was on the Board’s Consent Agenda and neither they nor the public commented on the issuance of the bonds today. I just thought you should know one of the reasons why the net out-of-pocket taxes you pay to the County may increase in the future. – Joel D. Miller – Linn County Auditor

Issnc2017ATxblGOURCountyPurp LinnCounty634201-26-v1.doc

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