Columbus Council Approves Bonding For Capital Projects

(Columbus) The Columbus Common Council this week approved the sale of $1.64-million in General Obligation bonds for capital projects. The city is working with D-A Davidson, a financial holding company out of Denver Colorado. Greg Johnson of Ehler’s and Associates told the council the funds will be used to finance various parking lot improvements, acquisition of equipment for the fire department, planned 2018 street projects and improvements to Hall Road improvements in Tax Increment Finance District 4. As part of the bonding process, the city entertained five different bids before awarding the sale to D-A Davidson, whose bid came in over $63-thousand dollars below initial estimates.