Board approves Draw #5 for 425th Ave TIF project totaling $624,202.20
August 04, 2026 | Kingsbury County, South Dakota
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Auditor Echo Steffensen presented Draw #5 for the Tax Incremental Revenue Bond, Series 2026, tied to the 425th Ave project. The draw includes payment to Civil Design Inc. for $26,142.50 and Asphalt Paving & Materials for $597,877.70, for a combined total of $624,202.20. The board approved the draw and directed issuance of warrants.
The motion to approve was made by Commissioner Lundquist and seconded by Commissioner Spilde; all commissioners voted aye. The board recorded the draw amounts for the county's financial records and bond administration.
The motion to approve was made by Commissioner Lundquist and seconded by Commissioner Spilde; all commissioners voted aye. The board recorded the draw amounts for the county's financial records and bond administration.
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