Lindsay board to use bond issue on streets
A $525,000 bond issue was approved by the Village of Lindsay Board of Trustees at its July 6 meeting.
The bonds will pay for the construction and improvement of Ash and Dewey streets, which were damaged by the 2019 flood, and Third Street and the lagoon entrance.
Austin Partridge, senior associate, Public Finance Investment Banking at First National Capital Markets, was on hand to explain how the bond process will work.
The ordinance authorizes the issuance and sale by the village of general obligation highway allocation fund pledge bonds.
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