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City proposes rolling $7.45 million Town Mall notes into new $7.9 million issuance; first reading only
3443512 · May 22, 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
Council received a first reading on an ordinance to issue up to $7,897,000 in bond anticipation notes to carry the Town Mall acquisition financing for another year; no council action was taken during the May 20 meeting.
Middletown — On May 20 the City Council received a first reading of an ordinance authorizing the issuance and sale of notes in a maximum principal amount of $7,897,000 in anticipation of bonds for the purpose of paying costs tied to the acquisition and…
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