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Commissioners authorize $11.05 million general‑obligation bond sale for parks and transportation projects, 4‑3
Summary
By a 4‑3 vote the board authorized sale of general‑obligation bonds (Series 2025) to fund earlier voter‑approved park projects and a transportation item; commissioners Tofano and Mayor Pro Tem Hoover were recorded in opposition.
The Matthews Board of Commissioners voted 4‑3 on March 10 to authorize the issuance of general‑obligation public improvement bonds (Series 2025) to provide financing for voter‑approved parks projects and a transportation project.
The resolution authorizes selling $11,049,512 in bonds tied to the town’s 2022 voter‑approved bond program; the issuance will cover roughly $10.94 million for parks and about $104,573 for a transportation project,…
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