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The City Council approved, 5-0, the issuance of conduit revenue bonds for the Little Canada Senior Housing Project, a multifamily affordable housing project. The public hearing drew no comments.
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The approval allows financing to move forward for the affordable senior housing project at 99 County Road B East. The minutes state that the conduit financing does not affect the City’s ability to issue bonds for its own projects. The Council also appointed Nick Schwalbach to fill a vacant Council seat for the remainder of the term.
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