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Council committee approves RFQ draft to find financial adviser for $5–10M water and sewer needs
Summary
Village committee authorized V3 to prepare a request for qualifications (RFQ) so council can consider hiring a financial adviser to help plan financing for several imminent water, sewer and development capital projects estimated at $5–$10 million.
The Baltimore Service Committee voted to send a draft request for qualifications to council authorizing V3 to prepare an RFQ to identify a financial consultant to advise on financing options for planned water and sewer capital work.
The RFQ, which committee members asked V3 to draft, is intended to produce a high‑level financial overview and options — not a full rate study — so the village can position itself to finance roughly $5 million to $10 million in improvements without unduly burdening existing residents.
V3 representatives told the committee that the village faces “significant” capital needs tied to sewer improvements and growth. “Just the cost of the…
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