Chesterton Park Board lining up a new bond to fund future projects

Chesterton Park Board lining up a new bond to fund future projects

Chesterton’s Park Board took the first step toward financing long-term capital improvement projects and received news about a grant award to replace the boardwalk at its Coffee Creek Park. The board on Tuesday unanimously approved a declaratory resolution, the first step in the process of obtaining a general obligation bond. Town Attorney Connor Nolan said that one potential option is a bond that would raise $3 million to be repaid over a 15-yea…