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Greeley board backs resolutions supporting $39.5M water and $44M sewer revenue bond issuances
Summary
The Water and Sewer Board voted to approve resolutions recommending that city council authorize two revenue bond issuances: $39.5 million for water projects and $44 million for sewer upgrades. Board members were told neither issuance includes West Greeley Catalyst project costs.
The Greeley Water and Sewer Board voted May 21 to approve resolutions recommending that the City Council authorize revenue bond issuances: $39.5 million for water projects and $44 million for sewer projects.
Virgil (staff member) presented the planned uses for the water bond: about $18 million for future water acquisitions, $4.5 million for State Land Board well drilling, $9 million for distribution pipeline replacements over two years,…
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