The NoCo Herald

Larimer and Weld counties, Colorado

Clear, 71° in Greeley at 2:45 PM. Forecast high 69, low 34.

Greeley

Weld County to help issue bonds for Prairie Rose rehab project

·Greeley·Weld County

From the Weld County Board of County Commissioners meeting of

Weld County could act as a conduit issuer, helping the developer reach private activity bonds for cost-effective financing of the planned rehabilitation work, Chief Financial Officer Jackie Trout told the board.

Weld County commissioners approved the assignment and delegation of part of Greeley's private activity bond allocation to the county for the Prairie Rose Rehab Project.

Weld County could act as a conduit issuer, helping the developer reach private activity bonds for cost-effective financing of the planned rehabilitation work, Chief Financial Officer Jackie Trout told the board. The bonds would not be county debt, would use no county funds and would not make the county responsible for repayment, Trout said. The developer would be responsible for all financial terms, she said.

The City of Greeley would assign and delegate a portion of its private activity bond allocation to the county, Trout said. The project originated in Greeley and extended outside the city's boundaries, she said. The resolution supports affordable housing and senior housing projects in Weld County, Trout said.

The county intends to facilitate issuance of the bonds in the springtime of 2027, Trout said.

More from this meeting

  1. Weld County Board of County Commissioners, Nov. 9, 2026

    Weld commissioners approve revised court competency docket agreement; Weld County to help issue bonds for Prairie Rose rehab project; Weld County gives Greeley $3.5 million in bond cap for University Plaza; County accepts $57,000 for bilingual advocates; 34 consent items adopted.

  2. Item 2Weld commissioners approve revised court competency docket agreement

    The board authorized the Department of Justice Services to sign the revised memorandum after approving an earlier version in March, which included the Sheriff's Office.

  3. Item 7Weld County gives Greeley $3.5 million in bond cap for University Plaza

    A county staff member said Greeley had asked the county to allocate the $3.5 million of its 2024 private activity bond cap.

  4. Item 1Weld County commissioners advance $660.8 million 2027 budget

    Jennifer Offtley said the county prepared its 2027 budget without reducing services, with a 3.7% decrease in property tax by leaving the 6.082 mill levy credit in effect for county residents and businesses.

  5. Item 2Weld County commissioners advance changes to 2027 county fees

    The measure would replace the code chapter governing annual charges with amendments. Its first-reading approval is an initial step; the ordinance has not yet been finally adopted.

  6. Item 3Weld County approves liquor code updates and fees for a new permit type

    The revisions also cover dance licenses and reorder information in several code sections without changing it; no one commented during the second-reading public hearing.

  7. Item 4Weld commissioners advance code changes on foster-care signatures and tax abatements

    The proposed rewrite would clarify tax-abatement procedures after legislation raised the base petition amount to $20,000 and route public-comment correspondence to the board or relevant departments.

  8. Item 5Weld County commissioners advance rewrite of human resources code

    The ordinance would replace every provision in Chapter 3, not just selected policies. It cleared an initial vote, with no speakers at the hearing or in public comment afterward.