Port authority approves $11M in bonds for $25M project at art museum

A “sustainability” project at the Toledo Museum of Art got an $11 million financing boost Thursday morning from the Toledo-Lucas County Port Authority.

The agency’s board of directors approved a loan of up to that amount from the Northwest Ohio Bond Fund that, along with funding from two other Ohio economic-development programs, is expected to cover the project’s $24.89 million cost.

The port authority funding will be used to replace the heating, ventilation, and air conditioning system in the historic Edward Green beaux-arts building, Doreen Cutway, the art museum’s spokesman, said Thursday afternoon…

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