Council approves funding for new city building

No increase in debt service expected

  • Dustin Traylor, with RBC Capital Markets, presents the different bids from five financial institutions on Fairfield’s proposed tax anticipation note at Tuesday’s city council meeting. The winner was Truist Securities, which proposed an interest rate of 3.01 percent. Photo by Roxanne Thompson/The Fairfield Recorder
    Dustin Traylor, with RBC Capital Markets, presents the different bids from five financial institutions on Fairfield’s proposed tax anticipation note at Tuesday’s city council meeting. The winner was Truist Securities, which proposed an interest rate of 3.01 percent. Photo by Roxanne Thompson/The Fairfield Recorder
Fairfield city council voted Tuesday to issue a tax anticipation note for $1.735 million for a new building to house Fairfield’s police department, municipal court and City Hall. As for the purchase itself, Council voted to table that decision and took no action for now. Council members made these decision at their specially called meeting Tues day, June 21, after going straight into an…

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