Tecumseh planning to sell bonds to fund city projects, purchases
The Daily Telegram
TECUMSEH With some large expenses coming up and interest rates being low, Tecumseh city officials are planning to sell up to $3 million in bonds.
Among the projects the bond issue would fund are the purchase of a fire truck, improvements to the Standish Dam and spillway, replacement of the boiler and heating and cooling system at the Tecumseh Center for the Arts, replacement of the roof and remodeling portions of city hall, and expansion of Brookside Cemetery including installation of a road.
The bonds would be repaid from the city’s regular property tax, the agenda item review form in the city council’s information packet said.