Benton County Approves $22.85 Million Lease Revenue Bonds for New Government Center
- Meeting Overview:
The Benton County Board of Commissioners meeting focused on the approval of $22.85 million in lease revenue bonds to finance a new county government center, alongside discussions on solar panel screening, homelessness, and infrastructure maintenance.
The board approved the issuance and sale of lease revenue bonds totaling $22,850,000, following a successful sale the previous day. The bonds, structured over a 20-year term, were rated double A minus. The sale resulted in a lower true interest cost of 4.45%, as opposed to the expected 4.63%, leading to a debt service reduction of approximately $591,834. This financial maneuver will support the construction of a new county government center, with the county planning to levy funds for repayment. The board also adopted post-issuance compliance policies to ensure that the bond proceeds are used appropriately and in accordance with tax regulations. It was confirmed that interest could be earned on unused proceeds as long as it does not exceed the bonds’ interest rate.
In addition to bond-related matters, the board addressed community concerns regarding solar panel installations, particularly their impact on residential neighborhoods near the Arm Mitchell Court area. Roxanne, a planning commission member, highlighted the need for enhanced screening measures for a solar project by Next Era, given its proximity to a densely populated rural neighborhood. Although Next Era’s existing screening plan met minimum requirements, it was considered inadequate for the residential context. The board debated the feasibility of advocating for additional berms, noting the industrial nature of the solar project. Ultimately, the board decided to draft and send a letter to Next Era and the public utilities commission, advocating for better screening solutions to support community interests.
Homelessness was another major topic, with commissioners expressing concerns over the financial burden it places on the county. Discussions suggested skepticism about the effectiveness of government solutions for homelessness, and one commissioner noted that taxpayers would be “extremely shocked” at the costs incurred per homeless individual. There were suspicions about individuals being transferred from Minneapolis to Benton County, despite claims to the contrary by organizations like Avivo. The board acknowledged its responsibility to support its residents but expressed reluctance to bear the financial burden of homelessness from surrounding counties. Concerns about the cycle of dependency and the need for longer stays in shelters to effect meaningful change were also noted, alongside the challenges of maintaining transparency in financial oversight.
The board also engaged in discussions regarding infrastructure maintenance, particularly focusing on ditch assessments and bridge inspections. A proposal to contract Stantech for inspecting approximately 59 bridges was approved, with a negotiated fee of $25,429. The importance of timely inspections in compliance with Minnesota’s regulations was emphasized, as delays could jeopardize future funding.
Maintenance and repair of local ditches were debated, with discussions on how to appropriately classify assessments as either maintenance or repairs. The board recognized the need for transparency and clarity in communicating the financial implications of these assessments to the public. It was agreed that a more straightforward presentation of assessments, covering maintenance, repairs, and buffer strip payments, would help residents understand the costs involved. The challenges of separating and managing these assessments were acknowledged, with a consensus on the importance of maintaining clear financial records.
Montgomery Headley
County Council Officials:
Ed Popp, Steve Heinen, Scott Johnson, Jared J. Gapinski, Pam Benoit
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Meeting Type:
County Council
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Committee:
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Meeting Date:
08/19/2025
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Recording Published:
08/19/2025
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Duration:
202 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Benton County
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Towns:
Alberta Township, Foley, Gilman, Gilmanton Township, Glendorado Township, Graham Township, Granite Ledge Township, Langola Township, Mayhew Lake, Maywood Township, Minden Township, Rice, Sauk Rapids, Sauk Rapids Township, St. George Township, Watab Township
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