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Resolutions to help secure hydro dam, project financing

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Two resolutions approved Monday will help secure financing for the purchase of the Wausau dam and future projects at the facility.

The resolutions were approved by the Brainerd City Council at its meeting Monday.

Voting against both was council member Mary Koep.

The first resolution is an official intent of the city to reimburse certain expenses from the proceeds of bonds to be issued by the city related to the dam.

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