Larimer County will finance the second phase of the Ranch Master Plan with Certificates of Participation, a financing tool used by local governments to pay for large projects, after a unanimous vote from Larimer County Commissioners during their Tuesday administrative matters meeting. According to the Loveland Reporter Herald, the $110 million raised by the certificates will fund Phase II of the Ranch Master Plan, after Phase I was completed last year. The goal of the plan is to bring the events complex into financial self-sufficiency by 2039, when the sales tax that was passed by voters to finance its construction and operations will sunset…