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Caller urges council to heed legal notice rules on revenue bonds, cites HUD reprimand
Detroit City Council
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Summary
A caller at the council meeting asserted that revenue bonds require public notice and a referendum, said refunding bonds need council authorization, and alleged the city's housing department received a HUD reprimand for oversight problems.
During public comment, Malik Shelton addressed municipal finance and oversight, telling the council that revenue bonds require public notice of intent and a referendum and that refunding bonds need a council authorization resolution.
"Revenue bonds do require notice of…
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