That’s exactly what the town of Riverside did when it agreed to float a bond issue at a meeting this week. The move will consolidate other loans, some with high interest rates, and keep the money flowing to essential city services, which include everything from building inspections to police protection.
The money also keeps the possibility of a new city park on the table, something that could generate more tax revenue in the years to come.
While many cities are struggling just to stay afloat, it’s refreshing to see some of our communities like Riverside are finding ways to keep moving forward.
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