Pipestone County signs updated Joint Powers Agreement for Lincoln Pipestone Rural Water System
County approved an updated Joint Powers Agreement that reduced the 2025 bond guarantee from $9.9 million to $9.8 million; the agreement matches a template sent to all ten member counties.
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Administrator Steve Ewing presented an updated Joint Powers Agreement (JPA) to guarantee payment of general obligation bonds for the Lincoln Pipestone Rural Water System. The version presented to the board reduced the 2025 guarantee from $9.9 million to $9.8 million compared with an earlier draft. Commissioners voted to approve the presented Joint Powers Agreement.
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