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Council authorizes bonds to fund wastewater treatment plant fermenter rehabilitation project
Summary
The council authorized two bond issuances to finance a fermenter rehabilitation project at the Kalispell wastewater treatment plant: a $750,000 subordinated taxable series 2025A issuance and a $1,052,000 tax-exempt series 2025B issuance, consistent with state revolving loan program steps described by staff.
The Kalispell City Council on Aug. 4 authorized issuance of bonds to fund the rehabilitaion of a fermenter at the city’s wastewater treatment plant. City staff described the financing as two linked issuances under the state’s financing program: a $750,000 subordinated taxable Series 2025A issuance (forgivable under program terms) and a $1,052,000 tax-exempt Series…
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