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Council Approves Issuance of General Obligation Bonds

Posted: Wednesday, July 7th, 2010 at 6:28 am
Author: KNIA/KRLS News-Samantha Smith

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Following a public hearing, the Knoxville City Council approved issuance of General Obligation bonds at their meeting last night. The bonds total $3.7 million and will be used for essential corporate purpose of planning, designing and constructing various improvements to streets, sidewalks, sanitary sewer systems, storm sewers, water systems, infrastructure, Graceland Cemetery, city parks, and street signals and lighting. The bonds are being issued through Bankers Trust Company of Des Moines. For more on last night’s Knoxville City Council meeting, tune into today’s “Let’s Talk Knoxville” at 12:40 when I’ll discuss this and other items on last night’s agenda with City Manager Dick Schrad or you can download and listen to our “Let’s Talk” programs online at www.kniakrls.com by clicking “Radio Plus”