Warren approves $9.5 million in bonds

Warren councilman Al Novak
Warren City Council gave approval Wednesday night to borrow money for several projects by voting in favor of three separate bond issues.

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16×9&auto_next=1&auto_start=0&div_id=videoplayer-1380166985&height=360&page_count=5&pf_id=9626&show_title=1&va_id=4376743&width=640&windows=2 service=syndicaster width=640 height=360 div_id=videoplayer-1380166985 type=script]

WARREN, Ohio (WKBN) — Warren City Council gave approval Wednesday night to borrow money for several projects by voting in favor of three separate bond issues.

The first is a $3 million bond repaid over 15 years that will fund repairs and updates to the various city buildings. The second is a $2.5 million bond repaid over 10 years to pay for road improvements and street resurfacing.

And the third is a $4 million bond repaid over 20 years to purchase a one-stop building to house the health department, community development department and income tax department. The one-stop building has been discussed for the past several years.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus