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Breezy Point moves forward with 10-year bond for Buschmann Road project
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Breezy Point moves forward with 10-year bond for Buschmann Road project
BREEZY POINT — The Breezy Point City Council is again moving forward with bonding for the city’s Buschmann Road reconstruction project. The council directed city staff to continue with the Buschmann Road bonding process, pursuing a 10-year gradual levy alternative at an estimated interest rate of 3.28%, at its regular meeting Monday, Jan. 5. The 10-year gradual bond includes a $50,000 increase to the city’s annual levy until 2030 (~1.5% increase…
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