A direct bank loan evidenced by a Lease Revenue Bond (the “2024 Bond”). The 2024 Bond will be used to fund the construction of the County’s Radio Tower Project, Broadband Project, Emergency Services Building Project. Radio Project – This project will upgrade the outdated 911 radio infrastructure for the entire county. This system serves nine (9) fire departments, four (4) police departments and six (6) emergency medical service agencies. The current system is outdated and provides poor radio coverage in multiple areas. This upgrade will provide additional towers, as well as updated equipment to the County’s agencies. This will provide better radio signal coverage to responders assisting them to provide better service to the County’s approximate 55,000 citizens, as well as increase safety for responders. Broadband Project – Construction of broadband infrastructure to the Virginia Creeper Trail and Mendota Trail. Infrastructure to include towers, fiber, LTE to provide internet and text capability on the trails. Emergency Services Building Project – This building will provide a station for the County’s 911 Emergency Medical Service Agency and ambulances to provide services to that area of the County which is currently outsourced and will be strategically located to provide quicker response to the citizens of the area. This building will also provide a 911 dispatch area.
