Meridian council members approve new bond issue
MERIDIAN, Miss. (WTOK) - The Meridian City Council passed a bond issue of up to $12 million Thursday.
Council members plan to make improvements on the city’s infrastructure with the money, as well as set aside funds in the budget to make sure the bond can be sustained.
Council President Kim Houston said the council is trying to make an aggressive approach to address the conditions of the city’s infrastructure. Houston said the city will specifically focus on issues like paving and street lights.
The city will initially put $6 million of the bond issue to work on needed projects and tackle the rest at a later time.
“Which is what we believe will be a good start to get things implemented. It will also allow us time for those internet sales dollars to come in and also other monies that may funnel back through,” said Houston.
Ward 5 Councilman Weston Lindemann says he’s not in favor of the bond issue.
“We could’ve accomplished more long term, following my proposal,” said Lindemann. “It uses money that’s in our budget, $4 million this year and $2 million in the next year, that would accomplish the same amount of streets without borrowing any money to do so.”
The council voted 4-1. Lindemann voted against the issue.
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