Resolution 2025-4 authorizes $3.3 million advance on redevelopment bond, approved by vote

Mar 6, 2025

Meeting participants approved Resolution 2025-4 to advance $3.3 million on a redevelopment bond; the board required proof of improvements before funds are released and was told the original bond balance had been substantially paid down.

The full story

A governing body at a public meeting approved Resolution 2025-4 to advance $3,300,000 on a redevelopment bond and authorized the chair and secretary to sign the resolution. The motion passed on a roll-call vote with five votes in favor and no recorded opposition.

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