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Finance committee forwards EDA bond modification request for Westminster Canterbury
5706997 · September 2, 2025
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Summary
The committee recommended forwarding a resolution to Council supporting the Economic Development Authority’s modification and issuance of revenue bonds to benefit Westminster Canterbury of Winchester for a real estate purchase and refinancing.
The Finance Committee voted to forward a resolution to City Council recommending approval of an Economic Development Authority (EDA) request to modify existing revenue bonds and issue new revenue bonds for Westminster Canterbury of Winchester.
Jeff Bittner of the EDA explained the package involves modifying a $27.5 million…
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