•October 11, 2017•
By Ariana Cherry
for the News Progress
Over the last few years Sullivan has issued bonds for various street improvement projects.
At a recent meeting the council decided not to issue bonds since there were no pressing projects.
The last time was when the city issued $100,000 in bonds for the square resurfacing project. Other bond issues were for as little as $50,000 at a 0.45% interest rate. Future street projects will raise revenue by borrowing from other departments such as the gas or electric.
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