THE KINGSPORT BOARD OF MAYOR AND ALDERMAN HAS APPROVED A PLAN TO ISSUE JUST OVER 34 MILLION DOLLARS IN BONDS FOR A SERIES OF PROJECTS. THE BMA AUTHORIZED THE BOND ISSUANCES DURING IT’S REGULAR MEETING LAST NIGHT. CITY LEADERS WILL MOVE FORWARD WITH THE PROCEDURAL STEPS AND THEN WAIT UNTIL THE MOST APPROPRIATE TIME TO OFFER BONDS TO THE INVESTMENT COMMUNITY.