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Council members clarify Livonia Built bond vs. millage and schedule public Q&A sessions
Summary
Council members explained that the proposed Livonia Built plan uses municipal bonds (up to $150 million) and a millage to finance debt service; several council members announced upcoming town halls and online resources to explain impacts to residents.
Council members spent part of the meeting clarifying earlier public confusion about the Livonia Built bond proposal and announced public outreach events to explain what voters will see on the ballot.
Council member Donovan described the financing structure: the city would issue municipal bonds for up to $150 million (initial draw $100 million with an additional…
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