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Legislature authorizes $14.5 million in bonds for Monroe Community College downtown campus project
Summary
The Legislature approved a bond resolution authorizing up to $14,500,000 to finance the Monroe Community College Downtown Campus Career Center project; the action was recorded unanimously in the minutes.
Monroe County legislators approved a bond resolution on Nov. 12 authorizing up to $14,500,000 to finance the Monroe Community College (MCC) Downtown Campus project. The action amends the county's Capital Improvement Program to add the 'MCC Downtown Campus Career Center' project and records the related bond resolution authorizing issuance of up to $14.5 million to finance construction and related costs.
The resolution was introduced by Legislator Bonnick and Legislator Maffucci and recorded in the minutes as a unanimous committee and floor action. The bond authorization is listed in the minutes as a distinct financing action and will enable county-backed borrowing to support the MCC downtown campus project as described in the resolution text.
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