gulf shores council oks 17m bond issue: Gulf Shores Council OKs $17M bond issue - 04/30/08 04:19 AM
$10 million to go to new projects; remainder represents refinancing of old debt Wednesday, April 30, 2008 By RYAN DEZEMBERStaff Reporter
GULF SHORES Aiming to pay for a list of projects that includes the city's new tennis center at Johnnie Sims park, a new fire station and storm shelter near Jack Edwards Airport and the renovation of three public buildings, the City Council on Monday voted to issue $17 million in bonds.
Of that total, about $7 million was raised to refinance existing debt from 1996 and 1998 bond issues, city officials said.
In doing so, taxpayers will save about $436,000 … (0 comments)

 

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