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Riverside holds public hearing on up to $6.2 million water and sewer bonds
Summary
The Village of Riverside opened and closed a public hearing Feb. 6 on intent to sell up to $6.2 million in general obligation bonds to finance water and sewer projects; trustees closed the hearing with a unanimous roll-call vote and the village will complete the bond sale process in March.
The Village of Riverside Board of Trustees opened and then closed a public hearing Feb. 6 on the village's intent to issue general obligation bonds not to exceed $6,200,000 to fund water and sewer infrastructure improvements, Finance Director Zavala told the board.
The bonds are structured as general obligation, alternate revenue source bonds with an expected 20-year…
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