Aurora is looking into a $58 million bond issue anticipated to provide the city’s contribution to the Hollywood Casino-Aurora resort project.
Aldermen on the City Council Finance Committee Thursday unanimously approved what is known as a parameters ordinance, setting up the rules surrounding how the bond proceeds would be spent and paid back.
If the full City Council approves the ordinance at its Feb. 13 meeting, the city would look to go out for the bond sale by the end of February, officials said.
