Johnstown Common Council approves $12.2M bond proposal | The Daily Gazette
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JOHNSTOWN – The Common Council Wednesday night voted unanimously to authorize City Treasurer Mike Gifford to go to the municipal bond market to obtain up to $12.2 million for capital projects the largest bond procurement in the history of the city.
The borrowing was reduced from what has been called a $13.7 million “wish list” from the city’s department heads presented to the council on July 19.
The lion’s share of the bonding is part of approximately $7.2 million worth of capital projects requested by the city’s independently-elected Water Board, and will be repaid by the city’s water customers and not through property taxes.
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Some of the candidates running against incumbent Detroit Mayor Mike Duggan. Detroit’s primary election is Tuesday, Aug. 3, but you might not know it. In the mayor’s race, it hardly seems like the mighty Mayor Mike Duggan is even campaigning. But he doesn’t have to he’s expected to handily win re-election for his third term. In fact, his campaign did not respond to numerous requests to answer a brief questionnaire that
Metro Times sent to all the candidates in the Mayoral, City Clerk, and City Council races. While many inside and outside of Detroit credit Duggan for Detroit’s “turnaround” from “Murder City” to “Comeback City” over the past eight years or so, with the development downtown and the construction of Michigan’s tallest skyscraper at the former Hudson’s site serving as a visual representation, his critics say that the turnaround has not reached Detroiters living in the city’s other neighborh