The City of New London applied for a $3 million bond and last night the city council approved it. The city plans to use the money to fix the pool and improve streets in the city. The pool will be getting a new H-VAC and filters systems with the overhaul. The Waupaca Highway Department will fix up County Highway D and Division St., New London will take care of the utilities. Even with the $3 million bond the city is still under 50 percent its total debt capacity. The bond has a 20 year term plan set to be paid off in 2038.