City of Plymouth Proposed 2022-2023 Budget - Flipbook - Page 207
The 2015 LTGO Capital Improvement Bond Construction Fund is used to
account for expenses related to street utility improvements on Mill Street from
Ann Arbor Road to north to the intersection of Main Street/Plymouth Road and
the acquisition and improvements to property for public parking located at the
southeast corner of Ann Arbor Trail and Deer Street financed with $3.5 million
in bonds sold during January of 2015.
Proceeds of the bond issue related to the Public Parking Acquisition and
Improvements are deposited in this fund and all expenses related to projects
approved for this funding are expended from this fund. Any proceeds
remaining at the end of Constructions are transferred to the corresponding
debt retirement fund for this issue
-4752015 LTGO CAPITAL IMPROVEMENT
BOND CONSTRUCTION FUND
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