Mason City council approves bonds for capital improvement projects
MASON CITY — The City Council in Mason City last night approved issuing a total of $4 million in general obligation bonds.
$3.7 million are Essential Corporate Purpose bonds while $300,000 are General Corporate Purpose bonds.
City Administrator Aaron Burnett says the bonds will allow the city to execute needed improvements identified in the Capital Improvements Program that the council approved earlier this year. The projects range from vehicle purchases to infrastructure and building improvements.