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Finance committee outlines wastewater treatment plant financing options; council briefed
Summary
Sunbury finance committee and council members reviewed financing options for an expanded wastewater treatment plant, comparing 30- and 45-year terms and noting the principle that 'growth will pay for growth.' Staff presented cost spreadsheets; council asked that final legislation and funding specifics return at the next meeting.
Council received a report on wastewater treatment plant financing at its Jan. 15 meeting after the finance committee met earlier in the month.
Council member Grumley said the committee reviewed a staff spreadsheet that compared financing options and components for expanding the…
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