- KCII Radio - http://kciiradio.com -

City Council Approves Resolutions

Posted By News On @ 6:30 am In Today's Local News | Comments Disabled


The Washington City Council held a special meeting last night regarding different resolutions.  This meeting contained a public hearing on the consideration of a resolution of amending a loan agreement relating to the 2006 Tax Increment Financing Revenue Bond.  They passed a resolution ratifying the publication of notice regarding the refinancing of this bond.  The refinancing will be to extend the bond payments from four to eight years.

There was also a public hearing and discussion related to a resolution to amend the adopted fiscal year 2012 budget.  City Administrator Brent Hinson says this amendment gives a better picture than what was presented during budget presentations in the winter.


The Council also heard a presentation on tax increment financing and the benefits of it for the city.

Article printed from KCII Radio: http://kciiradio.com

URL to article: http://kciiradio.com/2012/05/city-council-approves-resolutions/

Copyright © 2005-2013 KCII Radio