Local News

COUNCIL APPROVES ORDINANCES, RESOLUTION INVOLVING PARK BOND

(Richmond, IN)--Monday night, Richmond Common Council passed two ordinances and a resolution involving a bond issuance to help make immediate improvements for the Richmond Park Department.  Council member Jerry Purcell described how the city will benefit:  "What this will do is this will give us a temporary loan to do some emergency projects that need to be done now - projects such as roofs, maintenance to our golf course...".  The next step is to market a bond anticipation note, and that will happen quickly.  "...in time for a closing near April 1 or April 15.  You could order the equipment.  You could order the pumps," said the city’s bond counsel.  The immediate need for parks has been estimated at $4.8 million.