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Lincoln reviews ordinance to issue up to $500,000 in general obligation bonds
Lincoln Committee of the Whole · December 24, 2025
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Summary
Council discussed an ordinance authorizing not-to-exceed $500,000 general obligation limited tax bonds (Series 2026) to fund capital projects and equipment; a council member noted the bonds are repaid by a tax levy previously approved by the council and described past usage of about $318,000.
The Committee of the Whole reviewed an ordinance authorizing the issuance of general obligation limited tax bonds not to exceed $500,000 (Series 2026) to fund capital projects and equipment.
A council…
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