Sacramento County Board approves $1.5M tax-exempt bond for Verge Center for the Arts

The Sacramento County Board of Supervisors convened on June 3, 2025, to address various agenda items, including community planning updates and a significant public hearing regarding tax-exempt bonds.

The meeting began with procedural updates, where several community planning advisory councils, including Carmichael and Cordova, requested continuations of their discussions to June 10 and July 8, respectively. The board acknowledged these requests without objection.

The first major item on the agenda was a public hearing under the Tax Equity and Fiscal Responsibility Act. Colin Bettis, the county debt officer, presented a request for approval of tax-exempt bonds for the Verge Center for the Arts, amounting to $1.5 million. This funding is intended to finance or refinance debt associated with the center's building located at 625 S Street, Sacramento. Bettis clarified that the bonds would be solely payable by the Verge Center and would not impose any financial obligation on the county or the California Enterprise Development Authority. After confirming there were no public speakers on the matter, the board unanimously approved the bond issuance.

Following a brief recess, the meeting resumed with a presentation by Liz Bellas, the director of regional parks. She highlighted upcoming events for Family Health and Fitness Day on June 14, emphasizing the importance of parks and recreation in promoting community health. Bellas outlined various activities planned for the day, including Zumba classes, gardening workshops, and a fun run, aimed at engaging families and encouraging outdoor activity.

The meeting concluded with no further public comments or questions from board members on the presented items. The board's next steps include following up on the community planning advisory council discussions and preparing for the upcoming Family Health and Fitness Day events.