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Council approves wastewater bond refunding and capital improvements plan

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Summary

Council approved two ordinances to (1) authorize refunding of 2016 Sewage Works Revenue Bonds and (2) authorize up to $10 million in revenue bonds for sewage works improvements, including lagoon closure and lift station upgrades.

The West Lafayette City Council approved two related ordinances addressing sewage works financing and capital improvements. Ordinance 12 20 25, authorizing the current refunding of Sewage Works Revenue Bonds (Series 2016), passed on its first of two readings by a roll-call vote of 9-0. Ordinance 13 20 25, authorizing new revenue bonds and related actions for construction of additions and improvements to…

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