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Hammond council introduces $15 million food-and-beverage bond for downtown rail station and Sportsplex upgrades
Summary
On March 24 the Hammond Common Council moved to introduce ordinances authorizing up to $15 million in bonds backed by the city's food-and-beverage tax to fund a downtown commuter rail station ($10 million) and $5 million toward Hammond Sportsplex upgrades; a public hearing is set for April 14.
On March 24 the Hammond Common Council introduced an ordinance to authorize up to $15 million in bonds backed by the city's food-and-beverage tax to pay for two projects: about $10 million for a downtown commuter rail station and $5 million toward upgrades at the Hammond Sportsplex and Community Center.
The measure, introduced as ordinance 25-06, was described by the mayor during his address to the council and moved at the meeting. The mayor said, "We anticipate that costing around $10,000,000," referring to…
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