B.E. Council Approves Sale of About $2 Million in Bonds

Monday night the Blue Earth City Council approved the sale of just about $2 million in General Obligation Bonds.

 

Mayor Rick Scholtes said the city got a 2.2% interest rate on the bonds.

 

The Council also approved the final assessments for the West Industrial Park Project and approved a tax increment financing plan and development agreement with Thriving Acre Seeds for the purchase and development of a parcel of land in the Golden Spike Industrial Park.