The New Orleans City Council is putting its $125 million bond sale to cover payroll for the rest of the year on hold for a few days because the council is still working to get all of the paperwork it needs to execute that bond sale.
Mayor-elect Helena Moreno says she and the other members of the city council want to make sure that all of the bank documents are ready to go before they approve the bond sale.
“You know, it really is just a technicality,” Moreno said. “We actually have a council meeting next week where we can do this and get it all done.”…