By LYNDON ZAITZ
Of the Keizertimes
The city’s PERS (Public Employee Retirement System) obligation situation continues as the Keizer City Council voted Monday, Aug. 5, to authorize the issuance of $5.5 million in bonds for pension payments.
The approved amount was more than what was asked for by Finance Director Tim Wood, who told the council at the start of discussions, that the best estimate for funds was $3.6 million.
The council’s vote only starts…
