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Allentown council approves parameters for up to $134 million in bonds after hours-long debate
Summary
City Council voted 7–0 to approve a parameters ordinance authorizing up to roughly $134 million in general‑obligation bonds to finance capital projects including a new central fire/EMS facility and police headquarters, after extended debate about long‑term costs and fiscal risk.
Allentown City Council voted 7–0 to approve a parameters ordinance that would allow the city to issue up to approximately $134 million in general‑obligation bonds to finance a set of capital projects, including a replacement for the Central Fire Station, improvements to police headquarters and other parks and public‑works projects.
Supporters said the projects address critical infrastructure needs. “A $60 million fire station…we don't have the money in our operating budget to pay for a fire station. That's why you bond it out,” Councilman Napoli…
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