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Board approves issuance of up to $80 million in water revenue bonds for county water projects
Summary
The Board approved a resolution authorizing the Sacramento County Water Financing Authority to issue Series 2025 water revenue bonds to fund Arden-area water distribution work and treatment plant recoating projects, with staff recommending a competitive sale and a par amount of about $63.7 million.
The Sacramento County Board of Supervisors on Feb. 25 authorized the issuance by the Sacramento County Water Financing Authority of Series 2025 revenue bonds in an amount not to exceed $80 million to finance distribution and treatment projects for the county water system.
County debt officer Colin Bettis presented the financing plan. Staff recommended a…
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