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Washington Council considers bonds
Posted: May 20, 2009 @ 4:06 am In Today's Local News
Washington City Council members will consider $3.5 million in bonds at tonight's (5/20) meeting. Mayor Sandra Johnson says some of the money is going toward an engineering phase of a new wastewater plant. She says many cities in Iowa are facing a similar problem as they decide how to upgrade infrastructure. Johnson says the general obligation bonds they plan on using carry a high interest rate, and often force municipalities to increase fees. Tonight's meeting starts at 7:00 in the public library.
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