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Council Shifts Garage Bonds to Ballot
St Charles voters will decide April 1 on a $2 million general obligation bond to finance a city garage adjoining the new Second Street project. The council shifted the $24 million revenue bond plan to ballot as revenue bonds require no voter approval. General obligation bonds cost more favorable long term. officials compare costs and tax base security.
MENTIONED IN THIS ARTICLE
St. Charles
Hell
Charles City
Carl Traverniedt,Jr
Second Ward
David White
Counc