Muni Bank Loans Top $200 Billion to Near Record bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) State and local governments are increasingly turning to banks for capital during financial distress and market volatility.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’S&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapApple Faces Longest Sales Drop in Decades as iPhone SlumpsQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapOutstanding municipal bank loans are just $1
On Tuesday, Feb. 7, the Fenton Township Board of Trustees approved connection fees for the property owners who will connect to the municipal water system.
City officials said the project will benefit the downtown area; they also warn that the city's funding liability is greater because the city will own the $20 million dollar parking structure.