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Utah House approves bond package after debate over term lengths and local projects
Summary
The Utah House passed a bond-related bill and several amendments after floor debate about bonding terms, interest costs and whether to add local projects including a proposed $4.6 million Colosseum restoration. Members debated short-term versus long-term maturities and the state’s AAA rating.
The Utah House of Representatives approved its bond package and related amendments Tuesday after a day of debate over how long the state should carry new debt and whether to add local projects to the list.
Representative Wilson, in a floor speech he called "The Voice Crying in the Wilderness," warned lawmakers about rising interest costs and urged restraint. "For 1990, the the amount will be…
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