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Andover council approves up to $25 million in IRBs to complete YMCA rebuild
Andover City Council · November 26, 2024
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Summary
The council adopted an ordinance authorizing up to $25 million in industrial revenue bonds to support the reconstruction and improvements of the Dr. Jim Farha Andover YMCA and water park following the 2022 tornado; council vote was 6-0.
City staff presented an ordinance to authorize issuance of up to $25 million in industrial revenue bonds to help finance reconstruction, furnishing and equipping of the Dr. Jim Farha Andover YMCA and water park. Staff noted the…
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