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Commission acknowledges public hearing, approves resolution tied to Ascension Via Christi qualifying bond issuance
Summary
The commission held the required public hearing and approved a resolution acknowledging a proposed issuance of qualified 501(c)(3) bonds through the Indiana Finance Authority that will allow Ascension Via Christi to access state‑level bond funds; the local share anticipated is up to $5 million for equipment and building upgrades in Manhattan.
The Manhattan City Commission on Oct. 21 held a public hearing and voted unanimously to approve a resolution acknowledging a proposed issuance of qualified 501(c)(3) bonds by the Indiana Finance Authority that will enable Ascension Via Christi to receive a portion of a multi‑state bond allocation.
Deputy City Manager Jason Hilzers explained the city’s role: the hearing is required by federal…
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