MARSHALL — This week, members of the Marshall City Council approved the sale of a total of more than $5 million in bonds to finance a variety of city projects, including street construction and projects at the Marshall airport.

“The approval tonight will authorize the sale, and then we would go through the process, and then we would come back with sale numbers for the council to consider at their first meeting in April,” said Marshall director of administrative services, at Tuesday’s city council meeting.

Moberg said the council needed to act on whether to authorize two different series of bonds. The first authorization would be for $3.875 million in general obligation bonds.

“This includes the different projects related to street reconstruction, which is South Whitney. It relates to our abatement bonds, which relates to parks projects for independence park as well as Legion Field,” Moberg said. Reconstruction of South Whitney Street is planned to be done this year.

Moberg said the bonds were also related to projects like replacing the instrument landing system at the city’s airport, constructing a new building for airport snow removal equipment, and the reconstruction of Lyon Circle.

The second series of bonds, at $2.59 million, were grant anticipation notes, Moberg said.

“This is due to the timing of state and federal grants for the snow removal equipment building,” he said. “This is a short-term anticipation note. It’s a one-year issuance, with a six-month call feature. So we could pay it off early if the funding is available,” Moberg said.

Authorizing the sale of the bonds would require the approval of 60% of the city council, Moberg said.

Council members voted unanimously to authorize the sale of the bonds and grant anticipation notes.