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Hammond council approves $25 million revenue bond to repair Port Authority docks, break wall

5437142 · July 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Hammond Common Council passed Ordinance 25-11 on May 27, authorizing $25 million in revenue bonds over 20 years to fund repairs to the Hammond Port Authority marina docks and break wall; the bond will be repaid from Port Authority revenues.

The Hammond Common Council on May 27 approved Ordinance 25-11 authorizing the issuance and sale of $25,000,000 in revenue bonds over 20 years to finance repairs to the Hammond Port Authority docks and break wall.

The measure’s sponsor, Councilwoman Venez, told the council the bond will be…

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