Bonds to pay for the new Flathead County Public Safety facility are going on sale next month. Ahead of that, the County has earned a Double-A-plus rating from Standard & Poor’s. We’re told is an exceptionally strong rating for municipal governments.
D.A. Davidson has been advising the County in the bond-issuing process since the voters approved the issuance of the bonds for the new Jail facility.
Appearing on the KGEZ Good Morning Show, Flathead County Administrator Pete Melnick tells us the bonds go on sale beginning next month. In $5,000 increments, the County will sell them in 2-phases, the first at $95-million and in the future, another $10-million if they need it.
Information for those who wish to purchase the bonds is now available in our local newspapers and at the County’s web site, Flathead County dot gov. The actual bond sales will begin on Tuesday, April 14th.
Construction of the new Public Safety Facility will begin this spring with an estimated completion sometime in 2028.
