27-03-2018 02:30 via fox61.com

Hartford city council passes debt payoff agreement

HARTFORD —  Hartford Mayor Luke Bronin released a statement Monday after the City Council passed a resolution authorizing the city to enter into a contract assistance agreement with the state.
According to Bronin’s office, under the contract assistance agreement, the state will assume the responsibility for paying the city’s annual debt service payments.
Hartford also expects to refinance the debt at the direction of the state to ensure that the annual debt payments do not
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