CHICAGO — The board of Burleigh County, N.D., Tuesday approved the issuance of $90 million of sales-tax backed bonds to build a new county jail.
The county board on July 21 unanimously approved the final consideration of a measure that pledges the county's sales tax to back the bonds.
The terms and structure of the deal have yet to be voted on.
Proceeds from the borrowing would raise money for a new county detention center to relieve overcrowding at jails in both Burleigh and Morton counties.
Burleigh County is expected to cover 87% of the $82 million cost with a new half-cent sales tax. Voters approved the new sales tax last year in order to build the new jail.
Morton County will cover the remaining 13% of the jail costs with its own sales tax, according to local reports.
The Burleigh County jail is expected to generate $1.4 million annually.