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West Carrollton council adopts emergency ordinances authorizing $2.8M and $5.2M bond anticipation notes
Summary
West Carrollton City Council voted to adopt two emergency ordinances authorizing up to $2.8 million in general obligation bond anticipation notes for River District infrastructure and up to $5.2 million in bond anticipation notes for land acquisition; both measures passed unanimously to secure interest rates and meet renewal deadlines.
West Carrollton City Council on April 14, 2025, adopted two emergency ordinances authorizing the issuance of short-term bond anticipation notes: up to $2,800,000 for infrastructure improvements in the city’s River District and up to $5,200,000 for various-purpose real estate acquisition, including parcels in the River District.
City staff presented both measures as emergency legislation needed to secure current interest rates and complete required closing documents before scheduled renewal dates. “This ordinance authorizes the issuance of not more than…
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