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City counsel warns of threats to municipal bond funding after Jeff City visit; commission plans legislative briefing
Summary
City legal counsel reported from a trip to Jefferson City about threats to how municipalities fund capital projects, urged commissioners to contact legislators and scheduled a legislative update at the BDC’s next meeting.
City counsel reported that recent state and federal discussions could threaten traditional municipal funding mechanisms, including the financing of large capital projects through municipal bonds, and urged commissioners to advocate with legislators.
Counsel described meetings in Jefferson City with state lawmakers and noted bipartisan concern among municipalities about proposals…
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