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County moves to back $14 million sanitary system improvements for Evergreen‑Farmington drainage district
Summary
Oakland County’s finance committee approved a request to pledge the county’s full faith and credit to issue bonds to complete a $14 million Evergreen‑Farmington sanitary drainage project required by an administrative consent order; presentation described five project areas and possible state low‑interest loans.
Ben Lewis, assistant chief engineer at the Water Resources Commissioner’s Office, and bond counsel Laura Bassett described a $14,000,000 project to complete required sanitary sewer improvements in the Evergreen‑Farmington Sanitary Drainage District. The county sought the Board’s pledge of full faith and credit to issue bonds for improvements intended to eliminate sanitary sewer overflows and…
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