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Macedonia Council approves $13.4M notes for new service center, citing dilapidated existing facilities
Summary
Macedonia City Council approved an ordinance authorizing notes in anticipation of bonds to fund a new service center—part of a roughly $17 million project—while officials said the city will cover about 25% with cash on hand and will not seek new tax revenue.
Macedonia City Council on Tuesday approved Ordinance 81-20-25, authorizing the issuance and sale of notes in anticipation of bonds up to $13.4 million to finance a new municipal service center. Mayor Nick Poulnar and city finance staff said the total project is estimated at about $17 million and that the city plans to contribute roughly 25% from cash on hand rather than asking voters for new taxes.
The measure was presented by Director Veres, who described the proposal as the city’s largest capital undertaking and part…
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