Council backs off proposal to issue $90 million in debt
Council has backed off a proposal to ask Fayetteville voters during an election year whether they want the city to take out an additional $90 million in bond debt.Council on Thursday night rejected a staff proposal to ask voters in November whether they support the city taking out a $60 million public safety bond that would have raised property taxes about $35 a year for the owner of a $100,000 home for the life of the bond, as well as another $30 million in bonds pay for road […]
