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Hutchinson council approves $1.82 million general-obligation bond for bridge repairs, signal work
Summary
The Hutchinson City Council on Nov. 18 approved an ordinance and companion resolution to issue $1,820,000 in general obligation improvement bonds (series 2025C) to fund Woody C Avenue C bridge repairs and traffic-signal improvements; finance staff recommended the award to Brownstone Investments after competitive bids.
The Hutchinson City Council voted Nov. 18 to authorize $1,820,000 in general obligation improvement bonds, series 2025C, to pay for repairs to the Woody C Avenue C bridge and related traffic-signal upgrades.
Angela Richard, the city's director of finance, told the council the bond sale produced three competitive bids, with yields ranging roughly from…
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