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City approves two-year, $2.5 million bond issue

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The Hudson City Council last week authorized soliciting bids for $2,515,000 in general obligation promissory notes that will be used to finance the city's 2005 and 2006 capital improvement projects, vehicle and equipment purchases.

In a related action, the council decided to use special assessments and impact fees it has collected from developers to redeem a total of $3,195,000 in outstanding general obligation notes and bonds issued in 1997, 1998 and 2001.

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Randy Hanson
Randy Hanson has reported for the Star-Observer since 1997. He came to Hudson after 11 years with the Inter-County Leader at Frederic, and eight years of teaching social studies. He’s a graduate of UW-Eau Claire.
(715) 426-1066
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