Mount Marty College will ask the City of Yankton to sponsor economic revenue bonds to finance construction of their new fieldhouse.
City Manager Amy Leon says the city is just a pass through for the bonds…
Mount Marty President Marc Long says they plan to finance the entire fifteen million dollar cost of the building…
City Finance Officer Al Viereck says using the revenue bonds will save the college a lot of interest….
The city commission will hold a public hearing on the bond request at their meeting on March twenty fifth.
The college plans to break ground on the one hundred thousand square foot facility in April.
