State officials to consider new building bonds
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.