US EditionCity to borrow $85 million for Trop repairs, debris removal
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City to borrow $85 million for Trop repairs, debris removal
The City of St. Petersburg will secure an $85 million line of credit from Bank of America to pay for ongoing storm recovery costs. Administrators believe borrowing the money is prudent given federal uncertainties and outstanding costs related to debris removal and Tropicana Field repairs. City council members discussed the unique measure and fiscal policy [...]
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