State officials to consider new building bonds

David A. Lieb, Associated Press

Monday, December 3, 2012

So you’ve finally written that last check for your car or home after years — perhaps even decades — of monthly payments. What do you do now?

Some Missouri officials, who recently paid off the equivalent of a 30-year mortgage on dozens of state buildings, want to take out a new loan.

When they convene in January, Missouri lawmakers will consider whether to ask voters to authorize a new bond issuance worth as much as $1 billion to finance construction at college campuses, repairs at state mental health institutions and office buildings and maybe even new road work.

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