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Ruston aldermen act on bond issue

Panel also endorsees grant program, seeks money for sidewalks

Ruston’s Board of Aldermen took what should be the final step Monday night toward the sale of up to $34 million in tax increment revenue bonds to pay for transportation projects along the Interstate 20 corridor.

The board’s unanimous vote to sell all the bonds to Regional Capital Advantage rather than put them on the open market, was one of several decisions aldermen made during a brief but wide-ranging meeting.

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