If approved, the sale would bring $2.5 million to the city's reserve fund, which has been far below the city's target amount. The size of the reserve fund affects the interest rate the city pays when it borrows money.
Money would go to...
If approved, the sale would bring $2.5 million to the city's reserve fund, which has been far below the city's target amount. The size of the reserve fund affects the interest rate the city pays when it borrows money.
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