Everything tagged

Latest from The Spokesman-Review

Spokane will use bond money to beautify Division Street ‘gateway’

Spokane will borrow about $4 million from itself to pay for improvements near the University District along Division Street.

The money will be repaid in payments of $250,000 a year over 25 years with sales tax money collected in Spokane that otherwise would have been earmarked for the state.

The Spokane City Council voted 7-0 on Monday to issue the bond and to allow them to be purchased by the city’s investment fund, which is made up mostly of money held in reserve for future sewer, water and trash system upgrades.