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Merrillville council approves $5 million bond to fund town capital projects
Summary
The Town of Merrillville council voted unanimously to adopt Ordinance 25‑34, appropriating $5 million in general‑obligation bond proceeds for town capital projects including police positions, town‑hall roof repairs, gateway and park signs, cameras and park vehicles; the bond is scheduled to settle Dec. 17 and will be repaid via a townwide levy.
The Town of Merrillville council voted 7–0 on second reading to approve Ordinance 25‑34, authorizing the appropriation of $5,000,000 in general‑obligation bond proceeds to fund a package of capital projects and equipment.
Town Manager Michael Griffin told the council the ordinance identifies the projects that will be financed and is the step required before the town can sell the bonds. "We are going to appropriate $5,000,000 for the following reasons: improvements to town hall and police officers, town hall roof improvements, gateway…
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