Fort Dodge City Council Planning 9.5M Bond issue for Various Projects

Fort Dodge City Council announced yesterday that they are planning to borrow $9,525,000 through a general obligation bond issue for a slew of different  projects that will be paid through property tax revenue.

The bond issue includes the following projects:

  • $4.3 million for removing the dams on the Des Moines River;
  • $1 million for street improvements;
  • $1 million for storm sewers on 15th Avenue South;
  • $700,000 for the first phase of renovations at the firehouse;
  • $700,000 for the next phase of Municipal Building renovations;
  • $425,000 for a new roof on the Fort Dodge Public Library; a contract is already set up with Roofing and Sheet Metal of the Midwest in Des Moines.
  • $400,000 for additional trail construction;
  • $360,000 for Oleson Park improvements;
  • $200,000 for improvements to the Snell-Crawford and Phinney Park trails.

Actions will be made at future Council meetings to borrow the money and enter the bond markets.