The NoCo Herald

Larimer and Weld counties, Colorado

Cloudy, 48° in Weld County at 8:25 AM. Forecast high 58, low 34.

Weld County

Weld County continues ordinance for up to $250 million in justice center financing to Nov. 4

·Weld County

From the Weld County Board of County Commissioners meeting of

The measure would cap annual lease payments at $22 million and interest at 5.85% under a lease-purchase structure. It would also allow transaction details to be finalized within those limits.

Weld County commissioners on Monday continued until Wednesday, Nov. 4, at 9 a.m. an emergency ordinance authorizing up to $250 million in financing to build the Weld County Justice Center.

The ordinance would authorize a financing framework for construction of the justice center through a lease purchase structure and the issuance of up to $250 million in certificates of participation.

Maximum annual lease payments would be $22 million, with a maximum interest rate of 5.85%, Jackie Trout, the county's chief financial officer, told the board. The ordinance would also delegate authority to Trout to finalize transaction details within those maximums so the county can act in a timely way in the market.

The board waited because Commissioner Lynette Peppler was absent from the Monday meeting. A speaker opening the item said the board intended to continue the matter until all five commissioners were present. Another speaker said continuing it to Wednesday would be ideal.

Trout introduced Melissa Buck of UMB Financial Services as the county's municipal financial advisor. Trout said she was unsure whether the advisor could attend Wednesday morning and asked the commissioners to raise any questions for her on Monday.

No questions came. A speaker said the matter had been discussed for several months, adding, "I don't have any questions at this time."

More from this meeting

  1. Weld County Board of County Commissioners, Nov. 2, 2026

    Weld County approves de-icer purchases, up to $526,000 and $860,050; Weld County accepts $280,000 in grant money for crime victim services; Weld commissioners renew Fort Lupton-area restaurant's liquor license despite open permit; 31 consent items adopted.

  2. Item 1 and Item 2Weld County approves de-icer purchases, up to $526,000 and $860,050

    The purchases use state cooperative agreements. Pricing for both products is lower with a 10-day delivery window than with a five-day window.

  3. Item 3Weld County accepts $280,000 in grant money for crime victim services

    The contract covers 2027 Victims of Crime Act funding through the District Attorney’s Office, where the Victim Witness Unit provides services to crime victims in the county.

  4. Item 7Weld commissioners renew Fort Lupton-area restaurant's liquor license despite open permit

    The condition requires the chief building official to review the unresolved fire-pit permit on Feb. 1, 2027, and report whether more action is needed; the matter can return to the board if it remains open.

  5. Item 1 and Item 2Weld County to help Bennett review oil and gas permits for $18,000 each

    The work covers 1041 location assessments and municipal permitting, with county staff providing professional review and a hearing before the resulting order goes to the town board for a decision.