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Wheeling council approves bond and reimbursement resolutions for water and sewer improvements
Summary
The Wheeling City Council approved an ordinance and resolutions authorizing steps to finance water and sewer system improvements, including authority to issue up to $80 million in revenue bonds and a reimbursement intent resolution for prior project expenditures.
The Wheeling City Council on Sept. 2 approved an ordinance and accompanying resolutions authorizing steps to finance planned improvements to the city waterworks and sanitary sewer systems.
Council adopted an ordinance that authorizes the city to issue combined waterworks and sewage system improvement revenue bonds in an aggregate principal amount of not more than $80,000,000 and to execute related financing documents. The council also approved a resolution authorizing payment of…
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