City plans to issue bonds for warning sirens, vehicles

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Seymour City Council will consider a plan tonight to issue $2 million in bonds to pay for a variety of needs over the next three years.

Those needs include improving road , buying recycling totes, replacing storm-warning sirens and purchasing new emergency vehicles.

A more important reason behind the plan is to help the city build up cash in its general fund, Mayor Craig Luedeman said Sunday.

Financing those purchases through bonds and outside the property tax levy will allow other spending or savings within the general fund.

For the full story, see Monday's edition of The Tribune and watch for an update online.

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