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Mound City council discusses plan B as state bonding stalls; schedules finance review and public workshop
Summary
Council members warned that a state bonding bill to pay for water repairs is unlikely after the recent special-session talks stalled and directed staff to prepare local funding options and a public workshop to review trade-offs.
Mound City council members on Tuesday said a planned state bonding bill that residents had hoped would fund the city’s long-running water repairs appears unlikely, and they directed staff to move forward with local finance options and a public workshop to outline trade-offs.
The council’s finance discussion matters because state backing had been the main hoped-for source of money to replace aging pipes; without it, the city will have to weigh local options such as bonds, franchise fees or utility-rate changes that would affect residents’ water bills.
Council member Pugh told the council “there's no bond bill,” and other members said the…
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