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La Porte Taking out 4.75 million dollar bond issue

Tuesday, December 04, 2012 12:23 PM
Written by Stan Maddux
Category: Local News

Due to being strapped for cash, the city of La Porte is taking out a 4.75 million dollar bond
issue for capital improvements like renovations at City Hall.
1.9 million dollars of the bond issue will go toward upgrading city hall while another
1.4 million dollars is earmarked for construction of a new maintenance
building and salt dome for the street department.
1.03 million dollars will go for street repairs and $300,000 to fix sidewalks.
Councilman Joe Mrozinske cast one of three dissenting votes because which streets
will be fixed and other specific work will be decided by the Board of Public Works and
Safety.
He said that body is appointed while the city council being elected should have
more of a say on the expenditures.
Supporters, though, said a previous bond issue will be retired at the end of the year
resulting in no increase in the tax rate.