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Final plat for Sunset Ridge subdivision approved by Clear Lake City Council

A game-changer for the community : Clear Lake proceeds with another development project | Govt-and-politics

A game-changer for the community : Clear Lake proceeds with another development project | Govt-and-politics
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Clear Lake snags favorable interest rate on McKesson bond

The McKesson Corp. is located on 12th Avenue South in Clear Lake. Lisa Grouette A financial process the city of Clear Lake decided to proceed with will save it more money than projected over the next four years. That’s thanks to another favorable interest rate, said Creighton Schmidt, Clear Lake finance director. The Clear Lake City Council unanimously approved a resolution awarding the sale of its four-year $715,000 taxable general obligation refunding bond for the McKesson Corp. to Clear Lake Bank & Trust at a 0.35% interest rate. Clear Lake Bank & Trust was one of two local banks to submit a proposal for the bond. The other was Manufacturer’s Bank & Trust, or MBT Bank, at 0.52%.

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