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Council amends CIP and authorizes bond resolutions for salt‑shed and land acquisition
Summary
The council amended the 2025–2034 capital improvement plan to account for a salt‑shed project and authorized reimbursement, tax‑exempt CIP bonds (for construction) and taxable CIP bonds (for land acquisition) as part of the city’s capital financing program.
The Bloomington City Council approved amendments to the 2025–2034 capital improvement plan and authorized a set of bond actions related to the city’s salt‑shed and a related land acquisition for a new public works facility.
What the council did: The council approved an amendment to the capital improvement plan to reclassify funding sources and incorporate the salt‑shed project;…
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