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Council adopts parameters to issue up to $18.5 million in water, sewer and storm drain revenue bonds
Summary
After a public hearing with no public comment, the Midvale City Council adopted Resolution 2025 R-28 authorizing the preliminary official statement and parameters for up to $18,500,000 of water, sewer and storm drain revenue bonds.
The Midvale City Council adopted Resolution 2025 R-28 on Tuesday authorizing a preliminary official statement and related documents to issue not more than $18,500,000 in water, sewer and storm drain revenue bonds (Series 2025). The measures set maximum parameters for bond length, interest rate and minimum sale price and allow designated city officers to finalize pricing when the market conditions are appropriate.
Laura Lewis, the city’s finance…
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