City approves $4.675 million in GO bonds
Algona City Council members approved the issuance and sale of $4.675 million in general obligation bonds.
During the vote at the Council’s Monday, July 7 meeting, officials said up to $3.745 million is for the ongoing reconstruction and enhancements of Nebraska and Thorington streets, a city-owned parking lot at the intersection of those streets and as-of-yet undetermined street improvement projects. Up $930,000 is earmarked for a new Algona Street Department facility.