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Franklin council approves resolution to authorize $2 million in school roofing loans
Franklin City Council · August 12, 2024
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Summary
Council adopted Resolution 2024‑23, authorizing the issuance of up to $2 million in general obligation school bonds through the Virginia literary loan program to finance roof replacements at Franklin school facilities.
The Franklin City Council on Aug. 12 approved Resolution 2024‑23 authorizing issuance of up to $2,000,000 in general obligation school bonds (a literary loan) to fund roof replacements at city schools.
City staff said the local action is the final municipal step required for the Franklin…
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