Highland's novel response
Daily Herald
Highland City has adopted a novel response to the current economic crisis, one which shows great faith in the future. Despite decreased city revenues, on Jan. 20 council members adopted a resolution to authorize the issuance of up to $5,000,000 in new bonds. Added to Highland City's current indebtedness of approximately $14 million, this would be an equivalent debt load of $7,600 per household (estimated 2,500 homes; based on 2004 population). The bond resolution was adopted without consulting the citizens, who most likely would have sided with American Fork citizens in refusing additional debt.
•Trixie Walker, Highland
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