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SHEPHERDSVILLE - The Shepherdsville City Council must refinance a general obligation bond of $3.5 million by the end of the fiscal year on June 30.
A first reading of an ordinance issuing a new G.O. bond agreement for $3 million over five years through Republic Bank took place at the Apr. 28 city business meeting.
An initial bond was issued in November 2011 to the city by BB&T in West Virginia. The bond would finance the city’s sewer interceptor line as part of a federal Environmental Protection Agency mandate.
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