Barnesville city council gave final approval to a bond issue to cover both the takeover of the authority’s debt and pay for the new wastewater treatment plant. The three-part bond issue would first supply $19.8 million for the new wastewater treatment plant and refund two of Barnesville’s existing bonds to receive a lower interest rate. A second section will refund $270,000 of Barnesville’s older debt to be paid off by 2013.
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