Coast city borrowing to pay on two bond issues
by Associated Press Published: November 8,2011
Tags: Banks, bonds, borrowing, debt, finances, financial institutions, loans, municipal government
WAVELAND — The City of Waveland has borrowed $486,000 to pay on two public works bond issues from 2004. Mayor David Garcia tells the Sea Coast Echo the city borrowed money against its anticipated 2012 property taxes. In 2004, Waveland took out two bonds totaling more than $6 million for public works projects such as [...] [...]
