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Parma addressing stormwater flooding issues with new infrastructure and added Veterans Memorial Park pond capacity

Parma addressing stormwater flooding issues with new infrastructure and added Veterans Memorial Park pond capacity Updated 7:46 AM; Today 7:46 AM Parma is close to completing a $70,000 project installing three sections of 60-inch pipe and a new cement structure to help flooding issues around the Pleasant Valley and Ridge road intersection. (John Benson/cleveland.com) Facebook Share PARMA, Ohio The looming threat of spring showers and torrential rains leading to flooding issues finds Parma currently taking a proactive approach. One area of focus is the Pleasant Valley and Ridge road intersection, which had to be briefly closed nearly two years ago after more than four inches of rain fell in the southwest portion of the city.

Parma addressing stormwater flooding issues with new infrastructure and added Veterans Memorial Park pond capacity

Parma addressing stormwater flooding issues with new infrastructure and added Veterans Memorial Park pond capacity
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Trees removed from Parma Heights Nathan Hale Park; city officials await National Park Service approval for proposed flooding solution

Trees removed from Parma Heights’ Nathan Hale Park; city officials await National Park Service approval for proposed flooding solution © John Benson/cleveland.com/cleveland.com/TNS Last week, trees were removed from Nathan Hale Park in Parma Heights. PARMA HEIGHTS, Ohio Crews were busy last week at Nathan Hale Park where roughly half a dozen trees were removed in the northeast corner of the 24-acre site. “The city engineer informed the city that a minimal number of trees and brush needed removal in a corner of the park near a stream that borders our property and some of the homeowners,” Parma Heights Mayor Michael P. Byrne said.

Municipal new issues well-received, but yields still rise

High-grade deals priced and secondary trading showed bonds exchanging hands at yields higher than triple-A benchmarks in some cases, but a healthy two-way flow was evident, even if there are signals that yields have not yet found a ceiling.

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