County approves Torch LT purchase quote

Weld County OKs up to $250 million in financing for new Justice Center, 4-1; Weld commissioners approve $63,277 in carryover for unemployment program; Weld County adds $92,150 to City Hall block demolition contract; 19 consent items adopted.

The emergency ordinance establishes a lease-purchase structure, with annual payments estimated at up to about $22 million and a maximum interest rate of 5.85%. It takes effect immediately and lets the chief financial officer finalize terms within those limits.

The carryover will support services for people receiving benefits in the next program year. The board also approved four workforce contracts covering adult and dislocated workers, youth, Wagner-Peyser and career access programs.

Patrick O'Neill of the Facilities Department told commissioners that the existing foundations were 16 inches to 24 inches thick, which resulted in additional costs. Change Order 5 also covers additional costs for October stormwater management, site security and fencing, he said.

The largest purchase, under Contract ID #11304, is from Massey Farms, LLLP. Public Works is acquiring 2.241 acres of right-of-way and 0.039 acres of temporary construction easement from the landowner, a Public Works staff member told the board.

The partial vacation was required because the applicant received approval from the Division of Reclamation and Mining Safety for a technical revision reducing the mining area by about 58.3 acres on July 6, 2022, a staff member from the Department of Planning Services said.