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County opens first reading of $6.1 million GO bond; 6-year term added under new state law
Summary
Monroe County commissioners opened the first reading on Sept. 23 of ordinance legislation to issue up to $6.1 million in general obligation bonds and appropriate proceeds for airport, parks, courthouse and public-safety projects.
Monroe County commissioners introduced the first reading of ordinances to issue general obligation bonds on Sept. 23 and to appropriate up to $6.1 million for capital projects.
Commissioner Julie Thomas described two major differences from past bond measures: the term and the amount. “I believe what you have in front of you is a a 6 year bond,” she told the council, explaining the change was prompted by recent state law. Commissioners also proposed raising the usual $3.1 million authorization to $6.1 million to cover a longer list of projects.
The published project list in Exhibit A includes design and improvements at the Monroe County Airport; remodeling of the Showers Building for voter and election services; vehicles; improvements at the Youth Services Bureau; work at the Monroe County Nature…
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