February 10, 2016 Edition
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County jail project
is moving forward
The Lawrence County Quorum Court met Tuesday, Feb. 2, to approve an ordinance authorizing the sale of bonds to finance the new Lawrence County Jail.
The jail, which is set to break ground as early as August, will be located at Southwest Sixth and West Elm streets in Walnut Ridge. The capital improvement bonds in the maximum principal amount of $9,260,000 for the purpose of financing all or a portion of the costs of acquiring, constructing, equipping and furnishing the new jail and associated law enforcement facilities.
The bonds will be paid off over 20 years through a three-eighths cent sales tax passed by Lawrence County voters in November. That sales tax, along side a one-eighth cent sales tax for jail maintenance, will take effect on April 1.
County Judge Dale Freeman and County Clerk Tina Stowers will sign the final paperwork on the bonds on March 17 in Little Rock.
In other business, justices:
approved the appropriation of $3,102 to the boat fund.
accepted the 2014 audit.
authorized the pass through of insurance payouts for wrecked vehicles in both the sheriff's and road departments.
approved the Lawrence County Fair Board to apply for an $8,000 grant.
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