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Board approves proceeding with S&P credit rating to support wastewater/well bond issuance
Summary
The Board voted 6–0 to proceed with an S&P credit-rating engagement to support the remaining $8.15 million of a voter-approved $13 million bond for wastewater plant expansion and a southern well; staff said the rating engagement fee is $25,200.
The Warrenton Board of Aldermen voted unanimously on Sept. 16 to authorize staff to proceed with an S&P credit-rating engagement tied to voter-approved bonds for wastewater and a new well.
City Administrator Brandy Walters told the board voters had approved $13,000,000 in bonds to fund expansion of the wastewater treatment plant and a southern…
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