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Council approves first reading of up-to-$5 million GO bond ordinance for infrastructure and facility needs
Summary
On first reading, the Merrillville Town Council approved an ordinance authorizing general obligation bonds not to exceed $5 million to fund infrastructure improvements, police department retrofits, roof replacement, signage, vehicle replacement, and a pool vehicle. First reading passed 7-0; a subsequent hearing on bond proceeds will be scheduled.
The Merrillville Town Council gave first reading and voted 7-0 to advance an ordinance authorizing general obligation bonds in a principal amount not to exceed $5,000,000 to fund infrastructure improvements, retrofit work and equipment purchases.
Town Manager Michael Griffin told council the bond…
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