GF council to consider floating bonds
Published 10/03/2010, Grand Forks Herald
One of the bonds is worth $4.2 million, paying for dike improvements. It’ll be repaid by special assessments, a kind of property tax. The other bond is worth $4.8 million, paying for various projects from street paving to street lights. Special assessments will also pay off the debt.Word count: 189
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