City to sell more bonds for new pool

Posted: Wednesday, July 16, 2008

JUNEAU - The Juneau Assembly on Monday approve the sale of up to $4 million in general obligation bonds to further fund the $19.8 million Dimond Park Swimming Pool approved by voters in 2007.

According to the resolution, $1,000 bonds will be sold to Juneau residents as "mini-bonds." The sale begins Sept. 3.

Bond maturity dates will run from one to 15 years. As yet unknown payable interest on the bonds will be established the day before the sale.

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