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Altoona approves $2.59 million urban renewal bonds to fund SW 8th Street work
Altoona City Council · April 1, 2026
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Summary
The council authorized $2,590,000 in General Obligation Urban Renewal Bonds, Series 2024, accepting BNY Mellon Capital Markets’ low bid at a 3.28% true interest cost to fund SW 8th Street Phase 2, to be repaid with TIF revenue.
The Altoona City Council on Aug. 5 approved a resolution authorizing the issuance of $2,590,000 in General Obligation Urban Renewal Bonds, Series 2024, to finance improvements on SW 8th Street, Phase 2.
Finance Director…
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