The city of Holland will issue $160 million in bonds to build a new power plant. It’s the biggest bond offering the city, the public school district or the city’s publicly owned utility has ever issued.
Holland is home to a huge population of conservatives whose families emigrated from the Netherlands. That's why the city is known for its Tulip Time festival, historic windmill, wooden shoes, and as Holland Mayor Kurt Dykstra puts it, being frugal.
