•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.      Login or Subscribe to read the rest of this story.