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Council approves first reading of bond issue
City Council - Lorraine
Camden City Manager Mel Pearson (front row, far right) presents a watch to Lorraine Wilson (front row, center) during councils meeting Tuesday night upon her retirement from the citys finance department after 26 years. Wilson was joined by her husband, Joe, as members of Camden City Council looked on during its meeting Tuesday. - photo by Provided by the city of Camden
Camden City Council approved first reading of an ordinance to issue public utility bonds not to exceed $7 million during its June 23 meeting. The bond issue is one of several proposed funding sources for a major infrastructure improvement project slated for the city of Camden, which consists of updating water and sewer lines as well as undergrounding electrical infrastructure in the area between Kendall Mill Village and Lyttleton Street, according to Camden City Manager Mel Pearson. The funds generated from the bonds will only be used to pay for the electrical upgrades.