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Helena City Commission approves water and wastewater bonds, roof change order and establishes standard NSF fee — votes 5-0
Summary
On May 5 the commission approved a $4.271 million water revenue bond, a $1.5295 million wastewater bond (with partial loan forgiveness possibility), a $38,060 change order for the city shop roof, and a citywide insufficient funds fee; all votes were unanimous.
At its May 5 meeting the Helena City Commission unanimously approved four items that the city said will fund infrastructure work and standardize a fee schedule.
Water revenue bond: The commission approved a resolution authorizing issuance of a $4,271,000 water system revenue bond through the Montana Department of Natural Resources and Conservation (DNRC) Drinking Water State Revolving Loan Program, taxable series 2025. Director Danielson told the commission the 20-year bond carries a 2.5% interest rate, with payments beginning Jan. 1, 2026, and a final payment in July 2045. Danielson also noted the city previously passed a reimbursement resolution for the Crosstown Connector project (resolution 20779,…
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