The Brownton City Council approved three resolutions at its June 5 meeting to provide financing for its street and utility improvement project.
Shannon Sweeney of David Drown Associates, the city’s financial consultant, presented three different bonds for approval: one temporary bond to finance the project until United States Department of Agriculture (USDA) Rural Development financing kicks in, one for street work that does not qualify for USDA financing, and a third for utility improvements not funded by USDA.
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Brownton City Council approves bond issues for project funding
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