Palm Beach County has never been reluctant to spend large sums of taxpayer money to tackle huge issues.
Voters approved $100 million bonds twice in the 1990s, once to buy environmentally sensitive land and a second time to buy south county farmland.
Without voter approval, county commissioners shelled out $269 million in 2006 to land The Scripps Research Institute and $87 million more to bring Germany’s Max Planck Florida Institute for Neuroscience to Jupiter.
But borrowing $350 million in one fell swoop? That’s what commissioners will contemplate at a 9:30 a.m. March 29 workshop.
Continue reading “$350 million at stake: County to consider borrowing for affordable housing, the environment”