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Spalding County water authority schedules bond timeline, reports sewer easement progress and hydrant maintenance delay
Summary
The Spalding County Water and Sewage Facilities Authority told members it will receive a Moody's rating June 2 and needs a special called meeting June 11 to adopt a supplemental bond resolution; staff also reported six of 12 sewer easements closed and that fire-hydrant maintenance is behind schedule.
The Spalding County Water and Sewage Facilities Authority said it will receive a Moody's bond rating on June 2 and that Raymond James will price the authority's 2025 bond series on June 10, prompting staff to request a special called meeting on June 11 so the board can adopt a supplemental bond resolution.
The authority’s general manager told the board that, on projects, staff had closed six of 12 easements or land acquisitions for a sewer project and expected additional closings but that “a couple of them are…causing us some heartburn.” The manager said easement acquisition…
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