City council OKs record $497 million bond sale
By Lucas Sullivan
The Columbus Dispatch
Tuesday June 12, 2012 6:42 AM
The Columbus City Council approved the sale of a record $497 million worth of bonds last night to finance capital purchases and projects that range from new garbage trucks to a water reservoir.
Voters approved the sale of about $450 million of those bonds in 2008 as part of the city’s capital-improvements plan. City Auditor Hugh Dorrian said the bond sale will be the largest in the city’s history.
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