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Cottage Grove City Hall project financing advances

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The city of Cottage Grove will solicit proposals from financial institutions to finance its new city hall and public safety after City Council members approved a resolution Wednesday night.

The council voted 4-1 to authorize the Economic Development Authority to issue a request for proposals for private placement of $9.9 million in bonds to help pay for construction of the $15.7 million city hall project that officials broke ground on last month.

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