Columbus bond issue reviewed

A review of the cost benefit analysis by the Columbus City Council, indicated the city would gain $3 for every $1 they lost in the property tax abated for the planned new construction at Crossland Heavy and Pre-Fab.

The city would issue the Industrial Revenue Bonds for the Crossland companies to build a 10,000 square foot facility on an existing Crossland warehouse property.

The bonds would be for a…