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Franklin City Council approves general-obligation note to fund courthouse, armory and radio projects
Summary
Council approved a resolution authorizing the issuance, sale and award of a general obligation bond anticipation note series 2024 to fund three capital projects; the city manager described this as the second phase of funding and cited roughly $8.1 million, and the city will pay a $50,000 fee to the loan/bond advisor.
Franklin City Council voted to authorize the issuance, sale and award of a general obligation bond anticipation note, series 2024, to finance three capital projects: the courthouse, the armory and a radio system upgrade. City Manager presented the measure as a second-phase financing step for projects council…
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