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$40M in bonds approved for former DAV site redevelopment
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$40M in bonds approved for former DAV site redevelopment
The City of Cold Spring has issued millions of dollars in municipal bonds to fund part of its largest ongoing real estate development project. On Monday, Cold Spring’s city council voted 4-1 to approve up to $40 million in Industrial Revenue Bonds to finance a portion of the ongoing development at the former Disabled American Veterans building. Specifically, the city approved $35 million in Series A bonds and $5 million in Series B bonds. Indust…
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