KJCT-CD

The bond measure authorized a repayment cost of up to $76.5 million.

The district opened the building in January, Grand Junction Television Station KJCT reported.

Bob Boswell, chairman and CEO of Laramie Energy, a Denver-based oil and gas producer in western Colorado's Pience Basin, said Oct. 6 on The Kim Monson Show that the Plateau Valley bonds will be repaid from local taxes.

These are farmers and ranchers out there, and they live on a commodity type of income that swings back and forth, Boswell said.