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Augusta approves bond authorizations to finance Public Works campus and water meter improvements
Summary
Council approved three linked resolutions authorizing construction of a Public Works campus, improvements to the public water system (including AMI meters), and the offering of general obligation bonds (Series 2025); bond counsel said a single tax-exempt bond series is planned to avoid taxable issuance for water-meter reimbursements.
The Augusta City Council voted Sept. 15 to approve a package of resolutions to fund a Public Works campus and water system improvements and to authorize the offering of general obligation bonds, Series 2025.
Staff told the council the Public Works project has been discussed for years and includes a new Solid Waste building, relocating electric distribution staff and consolidating streets and parks operations into a new campus. Councilors were reminded that earlier…
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