Nichols Hills Debt

Watts, Jim
January 2005
Bond Buyer;1/11/2005, Vol. 351 Issue 32047, p31
Trade Publication
The article informs that voters in the Oklahoma City suburb of Nichols Hills will decide March 1, 2005 on a five-part, $12.5 million bond package for a variety of public improvements. The debt would pay for street work, a water plant and wells, sanitary sewer system renovations, street drainage improvements, and a communications system for the city. The proposal will not cause an increase to property taxes as the new debt would simply replace bonds that are due to retire. The proposition includes $4.9 million for street repairs and upgrades, $4.5 million for a water plant and wells, and a $1.6 million project to replace the majority of the city's sanitary sewer system.


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