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Council delegates authority to issue up to $29 million in water/sewer revenue bonds for operations facility
Summary
The council unanimously approved Ordinance 2918, delegating authority to city officers to finalize sale of up to $29 million in water/sewer revenue bonds for the public works operations facility, with parameters for maturity and maximum interest.
Sumner City Council unanimously approved Ordinance 2918, delegating authority to city officials to complete the sale of water/sewer revenue bonds to finance the utility portion of the new public works operations facility.
Chief Financial Officer Cassandra Raymond introduced the ordinance and said the city had guests virtually: Dave Traegaser (underwriter, D.A. Davidson) and…
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