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Arlington council approves financing measures for water, stormwater and airport projects
Summary
Council approved staff requests to issue water and wastewater revenue bonds, municipal drainage bonds, and certificates of obligation for airport projects; staff reported a $53 million water bond sale and credit‑rating affirmations from Moody’s and Fitch.
The Arlington City Council on June 10 approved measures to authorize the sale of municipal debt to fund water, wastewater, stormwater and airport capital projects.
A city finance official identified as the treasurer told the council the city plans to issue $53,000,000 in water and wastewater system revenue bonds with a planned…
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