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Board of Public Works confirms $4 million bond package for snow and paving equipment
Summary
The Board of Public Works approved two resolutions confirming a $4,000,000 bond issuance to fund snowplows and paving equipment; the council previously approved related district debt for other public-safety and facilities projects.
The Indianapolis Board of Public Works on Sept. 10 approved two resolutions confirming and authorizing the sale of $4,000,000 in bonds for snowplows and paving equipment.
The resolutions, described by Joe Glass, executive director of the Annapolis Bond Bank, pair with action the full city council took earlier in the week and would authorize the appropriation and sale of bond proceeds tied to the Metropolitan Thoroughfare District. “That’s a $4,000,000 bond issuance for snowplows as well as, paving and…
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