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Council approves $4.545 million GOPIR bond sale to finish public‑works project
Summary
The City Council authorized issuance and sale of $4,545,000 in general obligation permanent improvement revolving fund (GOPIR) bonds to finance a multi‑year public improvement project; sale is scheduled for Oct. 20 and proceeds expected in November.
Bloomington’s City Council unanimously approved an ordinance and supporting resolutions Monday to issue $4,545,000 of general obligation Permanent Improvement Revolving Fund (GOPIR) bonds to finance the final debt portion of a multi‑phase public infrastructure project. Finance staff told the council a project feasibility study and construction…
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