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Adair County Supervisors approve road name change & FY 2015 Budget

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March 6th, 2014 by Ric Hanson

The Board of Supervisors in Adair County have approved a name change for a road that stretches from the Cass-Adair County-line northeast, to Adair. Auditor Mindy Schaefer told KJAN News the change is effective immediately, and will become official as soon as the new signs are put in place. The road, currently referred to as the Anita-Adair Road (or Highway G-30) will be called White Pole Road, just as it is in Cass County.

Schaefer said also, the Board approved the Fiscal Year 2015 County Budget, which will she will certify and be sent on to the State prior to March 17th. The budget amounted to $14.7-million, which was primarily due bridge repairs and road projects. Schaefer said the Supervisors approved the sale of $5.83-million in bonds to help pay for those projects.

The interest rate on the winning bid was 1.51-percent, which was “amazing for a nearly 6-million dollar bond.” The bonds were sold to D-A Davidson & Company brokers, out of Denver, CO. She said all the bidding was done on-line and the bids came in from all over the Country.

The majority of the nearly 6-millions dollars (about $5-million) will be used for the TIF (Tax Increment Financing) bond, with the rest for a GIS (Geographic Information System) and a new Secondary Roads Department Administrative building.