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Council approves three-year capital improvement plan as members raise questions about bonds and hotel-tax funding
Summary
The Gallatin City Council unanimously approved the annual capital improvement plan on Feb. 4 after a lengthy discussion about forecasted bond issuances, possible use of hotel-tax funds, and the timing of large projects including a proposed fire station and park development.
The Gallatin City Council unanimously approved the city’s annual capital improvement plan (Resolution R2502-3) on Feb. 4 after an extended discussion about borrowing and funding priorities.
Council members pressed staff for details about recommended bond issuances and the city’s outstanding debt. Councilman Gervontz warned that the plan would require “a lot of bonds” and additional debt service, and said he…
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