Lawrence Journal World in Lawrence, Kansas

Lawrence to Call Refunding Bonds In City Financing Plan

The Lawrence Kansas city government proposes to call outstanding warrants and issue twenty $500 bonds totaling $10,000 to refund prior bonds. Bonds will bear four and one eighth percent interest, payable semi annually each January and July, with redemption notices to Topeka. The action, approved by the mayor and city commissioners, follows Kansas law on refunding bonds.