Committee sends feasibility study to County Council for policy guidance; council presentation set for Tuesday

Members of the Debt Review Committee agreed to forward the jail feasibility study and the committee's recommendation on the bond-security pledge to the County Council for policy direction.

One member said the next step should be "get this information in front of the council so that they're aware"; staff confirmed the presentation is being prepared for the council meeting on Tuesday. Committee members and advisers agreed that after council direction the debt review committee would reconvene to develop funding and execution recommendations, including working with the county's financial advisers and Zions (or another bank partner) to model bond sizing and timing.

Counsel flagged timing and notice requirements if the bond security or notice content changes, noting there is typically a 14-day public-notice window for bond hearing notices. The committee scheduled to reconvene after the council presentation to align recommendations with the mayor's proposed budget and council guidance.