$2.95M bond issue for pool
A $2.95 million bond issue for a new swimming pool will go to the voters in November.
The Humphrey City Council approved the recommendation by the Humphrey Area Aquatic Development Committee to seek a bond issue to help finance the pool.
The estimated total cost of a new pool is $4.26 million after the committee scaled down the size and amenities.
The remaining $1.31 million needed to finance the pool will be made up by money in the city’s capital improvement budget, which is money set aside for a new pool, plus private donations and possible grants. Any grant money or private donations received above the $1.3 million will reduce the amount of the bond issue.
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