Fiscal Court initiates bonding process

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Roughly $11.3 million will be financed for government complex

Approving a resolution that requests state review and approval of plans for financing the new county government is one of several steps in coming weeks.

That resolution passed unanimously during Tuesday's meeting of Hardin Fiscal Court. The March 11 and March 25 meetings are expected to include two readings on the ordinance to sell the bonds.

Judge-Executive Harry Berry said the bonds likely will be sold in mid-April. Two issuances are planned, including $10 million in tax-exempt bonds.

The county will raise roughly $11.3 million through bond sales, which includes financing expenses. Construction of a new four-story structure being erected off Patriot Parkway near Ring Road has a guaranteed maximum price of $13.1 million.