Video: Columbus Leaders to Discuss Bond Options
By Steve Rogers
COLUMBUS, Miss. (WCBI) — The Columbus city council is starting the tough task of balancing citizens’ concerns over road conditions and taxes.
During a special meeting Monday, bond consultant Steve Edds will outline financing options for at least two million dollars in bonds.
Mayor Robert Smith says the bonds could be financed over 7 to 10 years and be paid for with a two mill tax increase this fall.
The money would be used strictly for road paving and drainage.
Some council members say the city should bite the bullet and push for 5 mills with a very specific long-term list of projects to sell the public.
The city last issued bonds in 2010 and hasn’t raised property taxes in two years.