Troy Record in Troy, New York

Troy City Council authorizes street project bonds 1967

Troy New York approved June 24 1967 an ordinance backing $820000 for street construction widening and resurfacing with a total financing plan including $13000 capital notes and $559000 serial bonds to be repaid by a general tax. The measure sets a 15 year probable usefulness period and requires down payment from current funds before bond issuance.