A representative close to the new San Mateo jail project said the cost to build the Maple Street Correctional Center could be much greater than initially believed.
The added fees would come if the county needs to issue municipal bonds in order to make up gaps in financing. San Mateo County Sheriff Greg Munks said that the worst-case situation would have the county issuing bonds to cover full constructions costs. The best case would involve them issuing bonds to pay for half.
Revenue bonds, such as the ones that are being proposed, do not need voter approval.
Munks said the county is …
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