Postville Council

By: KCTN News
Jun 30th, 2017

THE POSTVILLE CITY COUNCIL APPROVED REFINANCING 240-THOUSAND DOLLARS IN GENERAL OBLIGATION NOTES.  THE MOVE WILL SAVE THE CITY AN ESTIMATED 15-THOUSAND DOLLARS.
THE COUNCIL APPROVED BORROWING JUST OVER 1.1-MILLION DOLLARS IN GENERAL OBLIGATION NOTES FOR THE POST STREET IMPROVEMENT PROJECT.
THE COUNCIL ALSO APPROVED DRAFTING AN ORDINANCE TO INCREASE WATER RATES BY EIGHT-PERCENT.  THE FIRST READING OF THE ORDINANCE WILL BE HELD AT THE JULY MEETING.



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