Council moves forward with $1.7M pool bond
Hartley voters will cast ballots March 2
January 14, 2021
The Hartley City Council on Monday officially moved forward with a $1.7 million bond issue to finance the construction of a new pool.
Members unanimously approved calling for the referendum after a brief discussion. If passed, the bond would finance the bulk of construction costs for the new pool, which has an estimated price tag of $3 million.
"It keeps going up the longer we wait," Council Member Mary Westphalen said of construction expenses.
Assuming a 3 percent interest rate, the bond would cost Hartley property owners $3.60 per $1,000 of taxable valuation for 15 years. A community fund...