New jail funding and land is secured
December 24, 2021
Unanimously, the Carlton County board of commissioners approved the sale of $10,000,000 worth of bonds to pay for early planning and early construction costs of the new jail/justice center to be built just south of Olsonville at Carlton Junction. In action at the regular session on Dec. 14, the board sold the bonds, which are scheduled to be paid off in 2043 at an average interest rate of almost 1.758 percent.
Auditor/Treasurer Kevin DeVriendt commented, “The funding package came in as expected, the true interest cost is a good rate, and this will save the taxpayer money.”