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Portsmouth council authorizes multi‑million dollar bond packages for schools, utilities and infrastructure
Summary
The Portsmouth City Council authorized multiple bond resolutions Aug. 4, approving borrowing authority for school upgrades, sewer and water system improvements and a package of facilities and street projects drawn from the city’s capital improvement plan.
The Portsmouth City Council on Aug. 4 authorized multiple bond packages covering school upgrades, sewer and water system work and a range of city facilities and streetscape projects that appear across the municipal capital improvement plan.
Resolutions passed by roll-call vote authorize borrowing or loan participation as follows: - Up to $4,150,000 for school facility capital improvements and elementary-school playground upgrades; - Up to $8,915,000 for sewer-system projects, including annual sewer-line replacement, the Sagamore Avenue sewer extension, Pierce Island wastewater-plant repairs and other drainage and sewer improvements; - Up to $11,450,000 for water-system projects such as annual waterline replacement, well-station work, storage tanks and treatment improvements; and - Up to $14,555,000…
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