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Gary council agrees to borrow $8 million to keep government afloat

FEBRUARY 22, 2019 | by Lauren Cross | NORTHWEST INDIANA TIMES

The City Council has approved borrowing about $8 million to cover the cash-strapped city’s day-to-day operations and other expenses until Mayor Karen Freeman-Wilson’s halted plan to sell and lease back the city’s Public Safety Building can be finalized. The cash will help pay the city’s police and fire pension obligations, payroll and health insurance costs.

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